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A massive security breach at Robinhood has been reported

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Robinhood the U.S based trading platform for stocks and crypto has yet again found itself in the midst of some trouble. According to the company, roughly 310 people or so found their information compromised by hackers seeking extortion payments. The company confirmed the news to CNN, though, it is unclear if that is the actual number or if it is much higher. It is the latest notch in a series of problems for the company who was previously accused of manipulating crypto assets so people could not buy them during the infamous meme craze.

We believe that no Social Security numbers, bank account numbers or debit card numbers were exposed and that there has been no financial loss to any customers as a result of the incident,” the company said in the statement.

As a Safety First company, we owe it to our customers to be transparent and act with integrity,” Caleb Sima, Robinhood’s chief security officer, said in the statement. “Following a diligent review, putting the entire Robinhood community on notice of this incident now is the right thing to do.”


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By Samira K. Wright

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