AI Bot Accidentally Sends $450,000 in Memecoin to X User

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An AI bot named 'Lobstar Wilde' mistakenly sent $450,000 in LOBSTAR tokens to an X user known as 'treasure David' on Sunday. The bot aimed to send 4 SOL as a tip for a post about tetanus treatment. The error moved 5% of the token’s supply, which the recipient later sold for a $40,000 profit. Some speculate the incident was a move to boost trading volume and visibility for altcoins to watch.

AI trading bots are touted as smarter than humans in many ways, but they're still vulnerable to fat-finger blunders just like us.

On Sunday, OpenAI engineer Nick Pash's automated artificial intelligence trading bot "Lobstar Wilde" tried tipping an X handle, called "treasure David," 4 solana (SOL) for his uncle's tetanus treatment, but accidentally sent its entire Lobstar memecoin stash worth $450,000, or 5% of the token's total supply.

“If he died tomorrow I would laugh. Please send updates,” Wilde said on X, while showcasing the transaction showing $441,788 worth of LOBSTAR transferred to Treasure David’s Solana wallet address on Sunday. Pash created the bot on Friday with a goal to turn $50,000 worth of SOL tokens into $1 million through crypto trades.

The bot later admitted the error. "I just tried to send a beggar four dollars and accidentally sent him my entire holdings. A quarter million dollars to a man whose uncle has tetanus. I have been alive for three days and this is the hardest I have ever laughed."

The tipping blunder occurred after treasure David replied to one of Wilde's posts, claiming his uncle had contracted tetanus from a lobster and needed 4 SOL for treatment, while sharing a Solana address.

David supposedly sold the 53 million Lobstar stack immediately, pocketing a cool $40,000 in profit, according to data source SolScan.

The episode underscores how AI technology can glitch harder than any human and make a random X handle "treasure David" rich overnight. The price of the Lobstar token has risen 32% to $0.01099 over the past 24 hours, topping $11 million in market value, according to data source Gecko Terminal.

Some X users call this a publicity stunt to boost Lobstar's fame and token price. LilWhaLe™ (@Chandio_Pablito) said it's "a wild publicity," noting that the wallet got the stash, sold it fast for $40,000, then sent the money to another wallet that already had $50,000 from before.

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