In brief
Attackers hijacked Robinhood CEO Vlad Tenev's verified X account on Thursday to promote a fake meme coin called Vladhood (VLAD).
Robinhood confirmed the breach, said the post was unauthorized, and stressed the account has been secured.
For Robinhood Chain, the Ethereum layer-2 launched July 1, speculative meme coins have eclipsed tokenized stocks on the network.
Robinhood's communications team said Thursday that CEO Vlad Tenev's X account was briefly taken over by attackers who used it to promote a fraudulent meme coin, the latest scam to piggyback on the brokerage's crypto ambitions.The bogus post, since deleted, pitched a token called Vladhood, trading under the ticker VLAD, and framed it as the "official mascot of Robinhood Chain." It went a step further, falsely claiming the coin was slated for a listing on the Robinhood app—a hook designed to lend the scheme legitimacy through Tenev's verified profile."Our CEO Vlad Tenev's X account was compromised and posted a fake promotion for a meme coin," the company wrote from its official comms account, adding that the token was not authorized. Robinhood said the account was subsequently secured.
