🚀 Hack Attack! Semler’s Crypto Shenanigans Exposed 🤑

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In a plot twist that would make a soap opera writer blush, Eric Semler, the grand pooh-bah of Semler Scientific, has had his X account jimmied open like a rusty old padlock. And what treasures did the cyber-thieves hoist? Why, posts promoting a shiny new Solana-based token, niftily named the same as the firm’s Nasdaq ticker. How original!

This token, which I’m sure will revolutionize the world as we know it, promises to be the bridge between “institutional-grade Bitcoin exposure” and a “high-performance ecosystem” with all the liquidity of the ocean and fees lower than a snake’s belly. Because, you know, that’s what the world really needs right now.

In a move that would make a used car salesman proud, the account then blithely suggests that a boatload of these tokens has been sent to the cryptocurrency exchanges of the rich and famous. Because where else would you send your shiny new toy?

Enter the token SMLR, which made its debut on the Solana-based decentralized exchange Raydium like a bat out of hell. It soared 300% before coming crashing down like a lead balloon. I’m sure it’s just a coincidence that its address matches the one sent from the hacked account. Move along, nothing to see here.

As of now, the token is down a whopping 77% from its peak, which is a bit like saying your new sports car is down a couple of wheels and an engine. But hey, who’s counting?

CoinDesk, ever the curious cat, has reached out to Semler Scientific for comment. I’m sure they have a perfectly reasonable explanation for this little hiccup. 🙄

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2025-02-12 15:51