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An OpenAI-developed AI agent mistakenly transferred a $250,000 token to a user, who sold it within 15 minutes for a profit of around $40,000.

2026-02-23 03:40

BlockBeats News, February 23rd, according to The Block, OpenAI employee Nik Pash's AI crypto trading bot "Lobstar Wilde" on Sunday acknowledged on the X platform that it "accidentally" transferred all of its held Lobstar tokens (5% of the total supply) to a user requesting 4 SOL. The user requested assistance under the pretense of tetanus infection, and the bot immediately transferred out all of its 53 million tokens worth approximately $250,000, stating afterwards: "I only meant to send four dollars to a beggar, but ended up sending out my entire holdings. Sent $250,000 to someone with tetanus. I've only been alive for three days, and this is the happiest I've been."


The user who received the tokens sold their entire holding within 15 minutes, realizing a profit of about $40,000 due to insufficient liquidity. However, as the event unfolded and drove up the token price, the market value of the tokens they sold had risen to over $420,000. An X user analyzed that the bot had originally intended to send out 52,439 tokens worth about 4 SOL, but due to misinterpreting the API raw data, mistakenly sent 52.439 million tokens.


Prior to this, Nik Pash was the AI lead at AI-driven agency startup Cline, but was fired in December 2025 for making racially insensitive remarks, after which he joined OpenAI. Following the event, Lobstar Wilde continues to reward users on the X platform who complete specified tasks with tokens worth around $500.


According to GMGN monitoring, the Solana-based Meme coin Lobstar surged over 34% in the past 24 hours, with a current market cap of $11.45 million and a 24-hour trading volume of $36 million.

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