Robinhood (HOOD) CEO Vlad Tenev’s X account was compromised on Thursday and used to promote a fake memecoin as traders piled up tokens on the brokerage firm’s recently launched blockchain network.
The now-deleted post featured a token called Vladhood ($VLAD) as the “official mascot of the Robinhood Channel” and falsely claimed it would be listed in the Robinhood app. It included a blockchain wallet address and described the token as part of the company’s focus on Robinhood Chain.
“Does Robinhood like memes? The answer is yes,” the post read.
Robinhood later confirmed that the account had been hacked.
“Attention: Our CEO Vlad Tenev’s X account was compromised and posted a fake promotion for a coin,” the company said via its communications account on
The incident came as Robinhood’s newly launched blockchain has become a hotbed for speculative trading.
