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Robinhood founder’s seed phrase live-stream leak; hackers exploited it to hype the Meme coin—after $1, the address has been frozen

MarsBitNews
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Mars Finance news: On July 13, Token Pocket Chief Business Officer Michael posted that the mnemonic phrase of Robinhood’s founder was leaked during its livestream. After the hacker obtained control permissions for the addresses, they used that address and related addresses to make large purchases of Meme coin $1, triggering thousands of investors to rush in and quickly pushing the token’s market value from about $500,000 to $14 million in a short time. Subsequently, the $1 token price fell sharply; within just two hours, the trading volume reached about $20 million. After the related addresses were frozen, the hacker quickly moved to BNB Chain (BSC), used that address and its associated addresses to issue a new token, and manufactured trading momentum through self-buying and self-selling, ultimately carrying out a sell-off to cash out. Robinhood’s RPC has frozen the address, and the nodes do not allow transactions sent from the address to be packaged, so transfers and trading are not possible.
HOOD-2.70%
MEME-0.61%
BNB-0.43%
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