Robinhood CEO’s Wallet Leak Sparks $20M Trading Frenzy

• Robinhood wallet leak fueled $1 token surge as trading volume topped $20M in two hours.
• Frozen RPC blocked wallet transfers after hackers shifted activity to BNB Chain.
• Robinhood Chain faced meme coin frenzy days after its public mainnet launch.

A wallet linked to Robinhood co-founder and CEO Vlad Tenev became the center of intense on-chain activity after its mnemonic seed phrase was reportedly exposed during a livestream, leading to transactions that quickly spread across the newly launched Robinhood Chain.

According to posts shared by X user Michael, the exposed wallet was later frozen at the RPC level, preventing new transactions from being packaged through the network. Before the restriction took effect, the address was allegedly used to fuel speculative trading involving a token known as $1, drawing thousands of participants and generating millions of dollars …

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