Cybersecurity

Robinhood User Says $300,000 Restored From Hack, Then Taken Back

  • Customer says account attacked, money lost in options trades
  • Malware is an issue in a small number of cases, company says
Robinhood Faces Mounting Claims of Compromised Accounts
Lock
This article is for subscribers only.

Gangti Zhu, a Maryland retiree, says he put almost his entire life savings into a Robinhood Markets account this year, only to lose about $300,000 in a hack.

He describes the same painstaking experience that other users have encountered: a panicked search for a phone number, a slew of emails after finding there’s no emergency line and then relief when the money was finally returned to his account.

Up Next
Robinhood User Says $300,000 Restored From Hack, Then Taken Back