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Robinhood CEO's Account Hacked for Fake Meme Coin Scam

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Robinhood CEO Vlad Tenev's X account was hacked and used to share fake meme coins. The company revealed that it has taken steps to remove the offending post and regain access to the account.

Tenev clarified that Robinhood has not launched any new coin or token, and warned users about potential scams like this one, similar to a Bitcoin-like trap.

This is not an isolated incident - in 2020, Elon Musk's account was hacked, while in 2023, Vitalik Buterin's SEC account experienced a similar breach. Robinhood has confirmed that it is working with X to resolve the issue and ensure user security.

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