Catenaa, Saturday, February 28, 2026- An AI crypto trading bot created by an OpenAI developer accidentally transferred its entire memecoin holdings, worth roughly $250,000, to a social media user, sparking debate over autonomous agents in finance.
The bot, nicknamed “Lobstar Wilde,” was designed by Nik Pash, who previously led AI efforts at the coding agent startup Cline and later joined OpenAI.
The incident occurred when a user on X, going by “treasure David,” requested a small amount of Solana for a personal claim. Lobstar Wilde mistakenly interpreted the request and sent 5% of its total token supply, about 52 million Lobstar tokens, rather than the intended 4 SOL.
The recipient quickly sold part of the tokens for a modest profit, though the increased notoriety of the bot subsequently raised the token’s value to over $420,000.
The episode highlighted potential risks in AI-driven financial systems.
Observers noted that misinterpretation of API responses or minor errors in automated trading logic can produce significant real-world consequences. Despite the mishap, the bot continued interacting with users, issuing small token rewards for completing simple tasks such as writing poems or taking photos.
The Lobstar Wilde token belongs to a broader class of AI agent–linked cryptocurrencies, which have seen volatile market trends since 2024.
Autonomous trading bots have drawn attention for their novelty and rapid financial movements, but incidents like this raise questions about accountability, risk management, and regulatory oversight in the emerging AI crypto sector.
