Token Pocket executive says Robinhood founder’s seed phrase was exposed on livestream, then used to pump meme coin $1
According to ChainCatcher, Token Pocket Chief Business Officer Michael said the Robinhood founder’s seed phrase was exposed during a livestream, allowing a hacker to gain control of the wallet address. Michael said the attacker then used that address and related wallets to buy large amounts of meme coin $1, drawing in thousands of follow-on buyers and pushing the token’s market value from about $500,000 to $14 million in a short period. The token later fell sharply, while trading volume reached about $20 million in just two hours. After the relevant address was frozen, the hacker allegedly moved to BNB Chain, issued a new token using that address and linked wallets, and created trading activity through self-dealing before cashing out. Michael also said Robinhood’s RPC froze the address, with nodes refusing to package transactions sent from it, leaving the wallet unable to transfer funds or trade.








