Robinhood CEO's Account Hacked to Promote Fake VLAD Token

On July 23, 2026, Robinhood CEO Vlad Tenev's X account was hacked to promote a fraudulent token called VLAD, falsely claiming it was the official mascot of Robinhood Chain. The post appeared 41 minutes after the account was compromised, indicating a coordinated attack. The VLAD token launched through the Pons launchpad, which locks liquidity but allows creators to claim trading fees. The operation generated over $22 million in trading volume, with the hacker's wallet collecting approximately 31.6 ETH and 72 million VLAD tokens. Robinhood confirmed the account compromise and removed the fraudulent post, but the token remains tradable despite being labeled a scam. The incident highlights the risks associated with locked liquidity and the potential for scams in decentralized finance.

Key Points: • Vlad Tenev's X account was hacked to promote a fraudulent token, VLAD. • The attack generated over $22 million in trading volume within hours. • The VLAD token's liquidity is locked, but the creator can still claim trading fees.