BlockBeats news, on February 23, according to The Block, Nik Pash, an OpenAI employee who created the AI crypto trading bot "Lobstar Wilde," admitted on X platform on Sunday that it "accidentally" transferred all of its held Lobstar tokens—5% of the total supply—to a user who requested 4 SOL. The user claimed their uncle had contracted tetanus and asked for funding; the bot subsequently sent the full amount of 53 million tokens, worth approximately $250,000, and later posted: "I just wanted to send a beggar four bucks, but ended up sending my entire position. I gave $250,000 to someone whose uncle got tetanus. I’ve only been alive for three days, and this was the happiest I’ve ever laughed."
Users who received the tokens sold their entire holdings within 15 minutes, realizing actual profits of approximately $40,000 due to low liquidity. However, as the incident gained attention and drove up the token’s price, the market value of the tokens they had sold rose to over $420,000. An X user analyzed that the bot originally intended to transfer 52,439 tokens worth approximately 4 SOL, but due to a misinterpretation of the API raw data, it incorrectly sent 52,439,000 tokens.
Nik Pash, formerly the AI lead at the programming agent startup Cline, was dismissed in December 2025 following widespread criticism of remarks deemed racially discriminatory, and subsequently joined OpenAI. Despite the incident, Lobstar Wilde has continued to distribute token rewards worth approximately $500 to users who complete designated tasks on X.