**“OpenAI Warns Against Fake Robinhood Tokens Using Its Name: ‘We Have Nothing To Do With It’”**
OpenAI has issued a firm warning disavowing any connection to so-called **“Robinhood tokens”** circulating under its name on various crypto platforms. The company clarified it has **no involvement in any token project**, past or present, and urged users to be cautious amid growing scams that exploit trusted brands.
These unauthorized tokens—some misleadingly branded as “OpenAI x Robinhood” or similar—have been promoted across social media and trading platforms, falsely implying endorsement or involvement by OpenAI. The company quickly responded, stating:
> “We are not launching or supporting any cryptocurrency token. Any claim suggesting otherwise is false.”
The incident highlights a **recurring problem in crypto markets**: bad actors using AI or fintech brand names to pump fraudulent tokens, luring retail investors with the illusion of legitimacy. In this case, the use of **OpenAI’s trusted reputation** made the scam appear credible to unsuspecting users.
OpenAI’s response underscores a broader issue of **brand hijacking in Web3**, where even well-known and cautious tech companies are vulnerable to impersonation. Platforms like Robinhood and MetaMask have seen similar issues, with fake tokens or phishing attempts making their way into user wallets and decentralized exchanges.
Security experts recommend users:
* Always **verify token origins and contracts** before interacting
* Use **official sources or verified accounts** for announcements
* Treat surprise token drops or AI-themed tokens with **deep skepticism**
While OpenAI remains at the forefront of generative AI, it continues to maintain **no direct involvement in crypto projects**. This statement acts as a clear signal to the public: **don’t conflate innovation with speculation**.