AI trading bot Lobstar Wilde may have "gifted" $250,000 worth of all its Meme coins due to an API error.
PANews reported on February 23 that, according to The Block, the AI crypto trading bot "Lobstar Wilde," developed by OpenAI employee Nik Pash, "accidentally" transferred all of its Memecoin tokens (approximately 5% of the total supply) to a user named "treasure David" who requested 4 SOL tokens on the X platform. The tokens were worth approximately $250,000 at the time, but due to liquidity issues, the recipient only sold them for about $40,000.
It is speculated that the incident may have been caused by the bot misunderstanding the API's returned data. The bot originally intended to send 52,439 tokens, worth approximately 4 SOL, but due to misunderstanding the API's original response, it sent 52,439,000 tokens instead. Afterwards, Lobstar Wilde continued to post tasks on the X platform, randomly sending approximately $500 worth of Lobstar tokens as rewards to users who completed the tasks.
This incident has raised concerns about potential fraud by AI agents, with some users questioning whether such events could become part of "the era of the largest fraud in human history."
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