{"id":35299,"date":"2026-07-23T19:48:03","date_gmt":"2026-07-23T19:48:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/robinhood-ceo-vlad-tenevs-x-account-hacked-in-10m-memecoin-scam\/"},"modified":"2026-07-23T19:48:23","modified_gmt":"2026-07-23T19:48:23","slug":"robinhood-ceo-vlad-tenevs-x-account-hacked-in-10m-memecoin-scam","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/robinhood-ceo-vlad-tenevs-x-account-hacked-in-10m-memecoin-scam\/","title":{"rendered":"Robinhood CEO Vlad Tenev\u2019s X account hacked in $10M memecoin scam"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Robinhood CEO Vlad Tenev\u2019s X account has been hacked to promote a fake company-linked memecoin that briefly reached a market capitalization of about $10 million.<\/p>\n<div id=\"cn-block-summary-block_2ec4da0d853d654dfb9e87e9b58dfff1\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Hackers used Vlad Tenev\u2019s X account to promote the fake Vladhood memecoin.<\/li>\n<li>Vladhood briefly reached a $10 million market cap before Robinhood confirmed the breach.<\/li>\n<li>The attack follows similar memecoin scams targeting CZ, BNB Chain and Yi He.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Robinhood confirmed the breach through its official X account, telling users that Tenev\u2019s profile had been compromised and that the company was working with X to restore access. The brokerage added that the unauthorized post had been removed.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8Heads up: Our CEO Vlad Tenev\u2019s X account was compromised and posted a fake promotion for a meme coin. <\/p>\n<p>We\u2019re working with X to restore access and the post has been removed.<\/p>\n<p>\u2014 Robinhood Comms (@RobinhoodComms) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/RobinhoodComms\/status\/2080353603160584640?ref_src=twsrc%5Etfw\">July 23, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Posted at about 17:24 UTC on July 23, the message introduced Vladhood under the ticker VLAD and described it as the \u201cofficial Robinhood Chain mascot.\u201d The hackers also claimed that Robinhood would list the token on its trading app.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: X<\/figcaption><\/figure>\n<p>Seeking to connect the token with Robinhood\u2019s business plans, the deleted post claimed Vladhood would bring attention to Robinhood Chain during the third and fourth quarters. Neither Robinhood\u2019s main X account nor the company\u2019s crypto account published a matching announcement.<\/p>\n<p>The post included a contract address beginning with 0x92d, directing Tenev\u2019s followers to a token deployed only minutes earlier through a contract named PonsLaunchFactory. Robinhood Chain\u2019s block explorer subsequently attached a \u201cpotential scam\u201d warning to the asset after recording more than 1,800 transactions.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Vladhood surges before Robinhood confirms the hack<\/h2>\n<p>Trading activity accelerated soon after the contract appeared on Tenev\u2019s profile, pushing Vladhood\u2019s market capitalization to roughly $10 million at its peak. The token later fell below $5 million after Robinhood confirmed the breach and the promotional message disappeared.<\/p>\n<p>Onchain data shows that wallets identified as insiders realized more than $1 million in profits during the rapid price increase. At press time, the wallet owners had not been identified, and there was no evidence linking them directly to the compromise of Tenev\u2019s account.<\/p>\n<p>Despite Robinhood\u2019s warning, Vladhood continued trading after the post was deleted, showing how onchain tokens can remain available even when the social-media promotion behind them has been discredited. Robinhood had not announced any plan to list Vladhood or recognize it as the chain\u2019s mascot at the time of reporting.<\/p>\n<p>The episode follows a method that Binance co-founder and former CEO Changpeng Zhao warned traders about in October 2025. With memecoin activity increasing at the time, Zhao wrote that hackers were targeting social-media profiles because such accounts often had weaker safeguards than crypto platforms.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWith the rise of meme coins, hackers are targeting social media accounts (as they usually have lower security measures) to post CAs [contract addresses].\u201d<\/p>\n<\/blockquote>\n<p>Zhao also cautioned users that official accounts did not endorse particular memecoins, urging traders to treat sudden contract-address posts with suspicion. His warning followed the compromise of BNB Chain\u2019s X account, which attackers used to promote a fake BNB-themed token presented as part of an airdrop.<\/p>\n<p>A similar scheme targeted Binance co-CEO Yi He in December 2025. Hackers seized an unused WeChat account connected to her old phone number and used it to promote MUBARA, also known as Mubarakah, shortly after she joined Richard Teng in Binance\u2019s dual leadership structure.<\/p>\n<p>Notably, posts from Yi He\u2019s compromised profile encouraged contacts to buy the token, creating enough demand for a coordinated pump-and-dump. Zhao confirmed the breach and urged traders to ignore the messages, while reported onchain estimates placed the attackers\u2019 profit at about $55,000.<\/p>\n<h2 class=\"wp-block-heading\">Robinhood Chain keeps attracting speculative trading<\/h2>\n<p>Tenev\u2019s account was compromised as Robinhood Chain recorded a sharp increase in activity following its July 1 mainnet launch. Built as an Ethereum layer-2 network using Arbitrum technology, the chain was introduced to support tokenized assets, decentralized finance and round-the-clock trading.<\/p>\n<p>Memecoins, however, supplied much of its early decentralized exchange activity. Entropy Advisors estimated that Robinhood Chain had processed about $9 billion in cumulative DEX volume by July 23, with high-risk memecoin trading responsible for much of that amount.<\/p>\n<p>CashCat became one of the network\u2019s first major tokens, reaching a market capitalization of about $150 million during the chain\u2019s opening weeks. Fortune reported that Robinhood Chain\u2019s daily trading volume rose from slightly above $200,000 on July 1 to more than $500 million nine days later, driven largely by speculative tokens rather than real-world assets.<\/p>\n<p>Although Robinhood designed the network around tokenized finance, Tenev previously acknowledged its early memecoin activity. Fortune quoted him as saying that while the company was building Robinhood Chain for real-world assets, the network also \u201cworks great for memes.\u201d<\/p>\n<p>Revenue has risen alongside the trading surge. DeFiLlama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/revenue\/chain\/robinhood-chain\" target=\"_blank\" rel=\"nofollow\">data<\/a> showed that Robinhood Chain generated about $1.1 million in revenue over seven days and $2.11 million since launch, placing it among the highest-earning chains during the measured period.<\/p>\n<p>DeFiLlama also recorded hundreds of millions of dollars in bridged value and substantial daily DEX volume on the network. Those figures explain why a false endorsement tied to Tenev and Robinhood Chain could attract traders within minutes, while Robinhood\u2019s confirmation established that Vladhood had no authorized connection to the company.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robinhood CEO Vlad Tenev\u2019s X account has been hacked to promote a fake company-linked memecoin that briefly reached a market capitalization of about $10 million. Summary Hackers used Vlad Tenev\u2019s&hellip;<\/p>\n","protected":false},"author":1,"featured_media":34761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/35299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=35299"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/35299\/revisions"}],"predecessor-version":[{"id":35300,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/35299\/revisions\/35300"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/34761"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=35299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=35299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=35299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}