A hacking incident on July 23, 2026 saw Vlad Tenev’s X account hijacked to promote a fake memecoin called Vladhood (VLAD), falsely tied to Robinhood Chain.

The post claimed Vladhood was the official Robinhood Chain mascot and would be listed in the Robinhood app, prompting a rapid surge in attention before warnings and the post were removed.

On-chain data shows the VLAD contract address moved funds and the attacker pocketed roughly 650 ETH (about $1.2–$1.3 million) from the scheme, with the scam not having liquidity locked or burned.

market context and platform activity surrounding Robinhood Chain, including general crypto flow notes and Binance’s market position during the period, provide backdrop for the incident.

The scam wallets liquidated an estimated 690 ETH (about $1.3 million) before the token collapsed, with ongoing fee accrual to the pool owner due to unburned liquidity.

Robinhood Chain has grown rapidly, with more than 300,000 daily active addresses and around 10 million transactions in a single day per a Dune dashboard.

Early holders controlled about 70% of Vladhood’s supply, illustrating concentrated ownership as thousands of retail wallets later held the token.

The Vladhood episode is part of a broader meme-coin phenomenon on Robinhood Chain, raising concerns about associated risks to the platform’s tokenized-assets ambitions.

Crypto traders on X promptly warned against buying Vladhood and shared on-chain analyses of exit wallets, reflecting community vigilance.

VLAD reached a short-lived market cap in the low millions as hype mounted, before the price collapsed.

The promotional post amassed hundreds of thousands of views within minutes before being identified as fraudulent and removed.

The incident highlights ongoing phishing and memecoin scams targeting social media accounts, even as overall crypto scam losses show some declines.