Hackers broke into CEO Robinhood's account on X and promoted a scam token.

In 20 minutes, the post racked up 175K views. The scammers withdrew ~650 ETH ($1.2M). At its peak, the fake token's market cap reached $10M.

Robinhood confirmed the hack and the post was taken down.

A convenient excuse: "it wasn't me, I was hacked." Do we believe it?

$BTC