Robinhood CEO Vlad Tenev provides update on X account hack (updated)

Robinhood Markets

29/07/2026 16:55

Rewrites with additional details on the hack, changes dateline
July 29 (Reuters) - Robinhood HOOD.O CEO Vlad Tenev said on Tuesday that a hacker who posted fake content about a memecoin on his X account last week used social engineering to bypass security guardrails.

        The hack, which took place on July 23, was used to promote a token called "Vladhood" on Tenev's account. The account was fully restored, and the post was taken down later that day. 
"A fraudster socially engineered X customer support to gain access, bypassing standard security features like 2FA and login notifications...," Tenev said in a post on X.
"Going forward, X account security has set up additional safeguards on my account to prevent this from happening again."
U.S. companies have been facing a rise in cybersecurity incidents in recent times, especially from a wave of AI-driven hacks that steal sensitive data and disrupt operations.

 (Reporting by Utkarsh Shetti in Bengaluru; Editing by Shailesh Kuber)
 ((UtkarshUmesh.Shetti@thomsonreuters.com;))