Robinhood Accounts Looted, No Customer Support
> The issue didn’t stem from a breach of Robinhood’s systems, the spokesman said.<p>I disagree.<p>The Robinhood system includes their disbursement process.<p>In this case, someone with access to a username and password managed to, without passing any of the other typical 2FA checks in finance (Calling the the account holder, snail-mail confirmation, actual 2FA tokens) managed to get Robinhood to wire them money.<p>This is absolutely a compromise of their disbursement system. If a bank gave all my money to some random asshat that showed up to a branch with my debit card, the blame for that lies on my bank.<p>This is typical liability laundering.