Robinhood confirmed that CEO Vlad Tenev’s X account was compromised and used to promote a fake VLAD meme coin on Robinhood Chain.

Robinhood said Thursday that CEO Vlad Tenev's X account was briefly taken over by attackers to promote a fake meme coin.

Robinhood Chain has seen cumulative DEX volume of about $9 billion, primarily driven by higher-risk memecoins, per Entropy Advisors.