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Markets: 119428
Market Cap: $2,403,694,747,923     
24h Vol: $298,553,492,204
Seeking Alpha 2023-01-25 20:51:18

Robinhood Markets aware of unauthorized social media posts from its accounts

Robinhood Markets aware of unauthorized social media posts from its accounts
Robinhood Markets ( NASDAQ: HOOD ) said Wednesday it removed within minutes unauthorized posts from its Twitter, Instagram, and Facebook accounts. "At this time, based on our ongoing investigation, we believe the incident was via a third party vendor," the fintech company said in its blog . The company didn't describe the nature of the posts. Bitcoin.com reported that the Robinhood ( HOOD ) account had posted a tweet promoting a Binance Smart Chain token listed on the Pancakeswap decentralized exchange. Further, the report said blockchain analysis showed that the token received fewer than $1,000 in purchases before Robinhood removed the post. Last week, Binance was named among Bitzlato's top three receiving counterparties, according to a FinCEN order.
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