CoinDesk·3 min read·medium

Robinhood CEO Vlad Tenev's X account hacked to promote token amid memecoin frenzy

K
Krisztian Sandor
Robinhood CEO Vlad Tenev's X account hacked to promote token amid memecoin frenzy
AI Summary

Robinhood CEO Vlad Tenev's X account was compromised to promote a fraudulent memecoin called $VLAD. The incident occurred amid a surge in speculative trading activity on the newly launched Robinhood Chain.

The now-deleted post introduced a token called Vladhood ($VLAD) as the "official Robinhood chain mascot" and falsely claimed it would be listed in the Robinhood app. It included a blockchain wallet address and described the token as part of the company's focus on Robinhood Chain.

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