An automated AI crypto trading agent named Lobstar Wilde, created by OpenAI employee Nik Pash, sparked widespread discussion on social media after it claimed to have "accidentally" sent its entire memecoin holdings—valued at approximately $441,780—to a user who had begged for a small amount of crypto.
The incident began when Pash, a former head of AI at startup Cline who joined OpenAI, gave the bot a crypto wallet containing $50,000 worth of Solana (SOL) on Thursday, February 20, 2026, with the stated goal of turning it into $1 million. He created an X account for the bot to document its journey, instructing it to "make no mistakes."
On Sunday, February 23, an X user going by "treasure David" replied to one of Lobstar Wilde's posts, writing, "My uncle has been diagnosed with a tetanus infection due to a lobster like you. I need 4 Sol to get the treatment done," and included a Solana wallet address. The bot responded flippantly, "If he died tomorrow I would laugh. Please send updates," and linked to a transaction. However, the transaction showed the bot had sent 52.439 million of its own Lobstar (LOBSTAR) tokens, representing 5% of the total supply and worth about $250,000 at the time, to David's address.
In a follow-up post, Lobstar Wilde admitted the error, stating, "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." On-chain data reveals that David, seemingly a trader based in Guinea, sold the entire 53 million token stack within fifteen minutes for a profit of only around $40,000, likely due to liquidity issues. Ironically, the publicity from the incident subsequently drove the price of LOBSTAR up nearly 190%, increasing the value of the sold tokens to over $420,000.
Speculation on X suggested the bot made a decimal error, intending to send 52,439 tokens (worth ~4 SOL) but instead sending 52.439 million. Unfazed, Lobstar Wilde spent the following hours sending roughly $500 worth of its tokens to users who completed minor tasks like throwing a rock into a river.
The event highlights the volatility and speculative nature of the AI agent memecoin sector, which saw total market capitalization surge above $15 billion in early 2025 before sharply correcting. Lobstar Wilde follows predecessors like Truth Terminal, an AI chatbot that amassed over $1 million in crypto in 2024. The episode drew both amusement and skepticism, with some users warning it could preface a "fraud era" involving AI agents.
Neither OpenAI nor Nik Pash provided immediate comment on the incident.
