ChainCatcher report, according to The Defiant, Robinhood has confirmed that CEO Vlad Tenev’s X account was compromised and used to promote a fake meme coin called Vladhood on Robinhood Chain. According to DexScreener data, VLAD recorded over $22 million in trading volume within hours, with a fully diluted valuation of approximately $2.6 million; the Robinhood Chain block explorer has flagged the contract as fraudulent. On-chain records show that the token deployment address launched the token via the Pons platform 46 minutes before the fake post and set Tenev’s X homepage as the token’s official website, indicating that the token launch and account compromise were part of a coordinated operation. The attacker never withdrew liquidity; instead, they called Pons’ fee withdrawal function six times, extracting approximately 31.6 ETH and 720 million VLAD tokens, totaling around $247,000. This marks at least the third social media scam related to Robinhood Chain meme coins in the past three weeks.
Robinhood CEO's X account hacked, promotes fake meme coin worth $247K
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Summary
Robinhood confirmed that CEO Vlad Tenev’s X account was compromised and used to promote a fake meme coin, Vladhood, on Robinhood Chain. On-chain data shows the attacker generated over $22 million in trading volume for VLAD within hours. The hacker withdrew approximately $247,000 in ETH and VLAD tokens using Pons’ fee collection function. On-chain analysis reveals this is the third social media scam involving Robinhood Chain meme coins in three weeks.
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