The X account of Robinhood CEO Vlad Tenev was hacked to promote a fraudulent cryptocurrency token named $VLAD. The token was specifically created for this scam, with its contract deployed just 46 minutes before the hacked post appeared. Unlike typical scams that disappear with funds, the liquidity for $VLAD is locked in @ponsdotfamily, allowing it to continuously collect fees. To date, approximately $59,000 in fees have been claimed by the creator's wallet, with the amount still increasing. This incident highlights the ongoing risks of social media account hacks in the cryptocurrency space, where scammers exploit high-profile accounts to deceive investors.