AI bot's tipping blunder hands $450,000 memecoin pile to X sad story poster
Summary
OpenAI engineer Nick Pash's AI trading bot, "Lobstar Wilde," intended to send 4 Solana (SOL) to an X user named "treasure David" for his uncle's tetanus treatment. However, the bot mistakenly transferred its entire Lobstar memecoin holdings, valued at approximately $450,000 (5% of the token's supply), to the user's wallet. The bot's creator, who had just launched the bot to turn $50,000 into $1 million, expressed shock and amusement at the error. The recipient reportedly sold the 53 million Lobstar tokens immediately, netting about $40,000 in profit. The incident has sparked discussion about AI glitches and has been viewed by some X users as a publicity stunt to boost the Lobstar token's visibility and price, which subsequently rose.
(Source:CoinDesk)