The unknown hacker used Robinhood’s Twitter account to promote a fake token allegedly created by Robinhood.
Furthermore, according to blockchain security research tools, the token is a honeypot – meaning that once purchased, the new owner will no longer be able to sell it or even transfer it to another wallet.Generally, this type of attack by a bad actor is done by impersonating a well-known person or platform and, as a result, is easier to detect.
However, since the scam was promoted on Robinhood’s verified social media, it’s easy to see why more people would fall for the bait.In order to get users to hurry up and buy before the bad actor’s account could be locked, the tweet enticed customers with a low token price of only $0.0005 and hinted at an incoming moonshot.
Looks like Robinhood account got hacked and was promoting a coin on BNB Chain. Always have critical thinking even is the account looks or is real.
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