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Hackers Infiltrated Almost 2,000 Robinhood Accounts, More Than Thought: Report
According to the company's statement at the time of the hacks, the attacks were said to have affected only a "limited" number of clients.

Nearly 2,000 Robinhood Markets accounts were hacked in a recent series of attacks that stole customer funds, an indication the infiltration was more pervasive than previously believed, Bloomberg reported, citing a person with knowledge of an internal review.
- According to the company's statement at the time of the hacks, the attacks were said to have affected only a "limited" number of clients..
- Despite the company's statement at the time blaming the attacks on the victims' personal email accounts being compromised, several victims told Bloomberg they found no evidence this happened.
- In addition, several victims said they'd already used two-factor authentication, something Robinhood was advising the individuals who'd been hacked to set up, Bloomberg said.
- A Robinhood spokesperson declined to comment on the Bloomberg report, only referring CoinDesk back to the company's earlier statement.
UPDATE: 20:30 UTC: Adds that some clients were already using two-factor authentication, several found no evidence of comprised personal email accounts.
Read also: Robinhood Traders, Including Bitcoin Holders, Left in the Lurch Following Theft: Report
Kevin Reynolds
Kevin Reynolds is editor-in-chief at CoinDesk. Prior to joining the company in mid-2020, Reynolds spent 23 years at Bloomberg, where he won two CEO awards for moving the needle for the entire company and established himself as one of the world's leading experts in real-time financial news. In addition to having done almost every job in the newsroom, Reynolds built, scaled and ran products for every asset class, including First Word, a 250-person global news/analysis service for professional clients, as well as Bloomberg's Speed Desk and the training program that all Bloomberg News hires worldwide are required to take. He also turned around several other operations, including the company's flash headlines desk and was instrumental in the turnaround of Bloomberg's BGOV unit. He shares a patent for a content management system he helped design, is a Certified Scrum Master, and a veteran of the U.S. Marine Corps. He owns bitcoin, ether, polygon and solana.
