[Robinhood Founder’s Seed Phrase Leaked During Livestream, Hacker Exploits to Pump Meme Token $1, Address Now Frozen] BlockBeats News, July 13: Token Pocket Chief Business Officer Michael stated in a post that the seed phrase of Robinhood's founder was leaked during a livestream. After gaining control of the address, the hacker used it and associated addresses to purchase large amounts of the Meme token $1, prompting thousands of investors to follow suit. This caused the token's market cap to surge from approximately $500,000 to $14 million in a short period. Subsequently, the price of $1 token plummeted sharply, with trading volume reaching about $20 million within just two hours. After the related addresses were frozen, the hacker quickly moved to the BNB Chain (BSC), using the address and its associated addresses to issue new tokens. They created trading activity through practices like wash trading and eventually executed a sell-off to cash out. Robinhood's RPC has since frozen the address, and nodes are preventing transactions initiated by the address from being processed, making transfers and trading impossible. [Original Article Link]