Security Breach: Semler Scientific Chairman’s X Account Compromised
The official X account of Eric Semler, chairman of Semler Scientific, appears to have been compromised. Recent posts from the account have raised concerns as they promote the launch of a new Solana-based cryptocurrency token bearing the same trading symbol as the firm’s listing on Nasdaq.
One of the posts hinted at the token’s ambition to provide “institutional-grade Bitcoin exposure” through a robust ecosystem characterized by deep liquidity and low transaction fees, specifically by utilizing the Solana blockchain.
In addition, several other posts indicated that a significant portion of the token’s supply has already been allocated to major cryptocurrency exchanges, raising questions about the integrity of the launch process.
A newly introduced token, trading on the Solana-based decentralized exchange Raydium under the ticker symbol SMLR, has been linked to the compromised account. Following its launch, the token experienced an astonishing 300% surge in value. However, this spike was short-lived, as the token subsequently plummeted, now reflecting a staggering 77% decline from its peak value, according to data compiled by DEXScreener.
As the situation unfolds, CoinDesk has reached out to Semler Scientific for further clarification and comment regarding the account breach and the implications for the company.
