Robinhood Hackers Donate Stolen Money To Charity Via Blockchain

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Last Updated on 20 October 2020 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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Oh the irony. When an American company started a trading business which didn’t involve you paying a fee to your broker, because of the massive volume they could generate, some thought the name was badly chosen. According to popular legend, Robin Hood stole from the rich to give to the poor whereas this trading app simply let those with money to spare trade and make money for no fees, so not really the same.

The infamous Darkside Hackers group that seems to have hacked the RobinHood accounts some 10 days ago, we reported about it, is now donating the money they have taken to charity. The cybercrime is clearly puzzling experts.

Advertentie.

Children International

The hacking group wrote:

We think that it’s fair that some of the money the companies have paid will go to charity. No matter how bad you think our work is, we are pleased to know that we helped changed someone’s life. Today we sended (sic) the first donations.

By using a service called The Giving Block, the money was donated in crypto to various worldwide non-profits such as Save The Children, Rainforest Foundation and She’s The First.

One of the charities that was fortunate enough to receive the money, Children International, claim they have indeed received a donation in Bitcoin for an amount of $10,000. The organization which helps children in need worldwide, says:

If the donation is linked to a hacker, we have no intention of keeping it.

We can only assume that the hero of Sherwood Forest would approve and hope that every customer of the American company will get reimbursed via the latter’s insurance.