Musk suspected of accidentally replying to hacker account, causing SLINK token to plummet to zero

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According to on-chain data shared by MarsBit, Elon Musk may have inadvertently replied to a compromised X account, @shivon, which promoted the SLINK project. His reply—a 100-point emoji—sparked speculation about his endorsement. The SLINK token surged past $40 million before plummeting to near zero. The account later deleted its posts. Trader Aurelius0121 said he invested $250,000 after seeing Musk’s response, only to lose the entire amount. The account holder, Shivon Zilis, is a Canadian tech executive and mother to several of Musk’s children. As altcoins to watch, these events underscore the volatility and risks associated with market sentiment driven by social media.

Huo Xing Finance reports that on September 5, Arkham revealed that Musk likely replied mistakenly to a hacked X account. The compromised @shivon account had previously posted two messages about the SLINK project, after which Musk replied with a "100-point emoji," sparking market speculation that he was endorsing the project. The SLINK token’s market cap briefly surged past $40 million before crashing and gradually approaching zero. The @shivon account has since deleted the related posts and is suspected to have been hacked. Trader Aurelius0121 stated that, seeing Musk interact with the @shivon account, he mistakenly believed Musk was supporting a project related to his romantic partner and purchased approximately $250,000 worth of SLINK tokens—only to see the token’s price plummet to zero, resulting in total loss of funds. Shivon Zilis (@shivon) is a Canadian technology executive and venture capitalist who currently serves as Director of Operations and Special Projects at Neuralink, Musk’s brain-computer interface company, and is also the mother of several of Musk’s children.

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