HOOD Stock; Falls 6% as Robinhood CEO’s X Account Gets Hacked for Fake Memecoin Promotion
TLDR
- Robinhood CEO Vlad Tenev’s X account was hacked to promote the fake VLAD memecoin.
- The hacked post claimed Vladhood was the “official Robinhood Chain mascot.”
- Robinhood confirmed the account was compromised and removed the unauthorized post.
- The Robinhood Chain explorer flagged the VLAD token as a potential scam.
- HOOD stock fell 6.20% as investors reacted to the security incident.
HOOD stock fell after Robinhood confirmed that CEO Vlad Tenev’s X account was compromised and used to promote a fake memecoin tied to Robinhood Chain.
Robinhood CEO’s X Account Promotes Fake VLAD Token
Robinhood Markets shares fell 6.20% after the X account of CEO Vlad Tenev was hacked to promote a memecoin called Vladhood, trading under the ticker VLAD. The post claimed the token was linked to Robinhood’s blockchain project.
The post said Robinhood was launching Vladhood as the “official Robinhood Chain mascot.” It also claimed the VLAD token would be listed in the Robinhood app, creating immediate concern among users and market watchers.
… Continue reading the full article at the original source below.
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).
