Semler’s scientific chairman Eric Semler’s X-story has apparently been compromised, with various positions from what pointed to the supposed creation of a Solana-based token during the same trade symbol that the company is under on Nasdaq.
The account shared a post suggesting that the token is looking to bridge the “institutional quality Bitcoin exposure to a high-performance ecosystem with deep liquidity and low fees” by launching the token on Solana.
Other positions suggest that a large percentage of token’s supply has been sent to leading cryptocurrency exchanges.
A recently launched token trade at Solana-based decentralized exchange Raydium during the ticker symbol SMLR, whose address matches the one sent to the hacked accounts, then a 300% increase after the launch before he saw a massive jump.
The token is now down by 77% from its peak, according to DexScreener data.
Coindesk has reached Semler Scientific for comment.
