5 Things We Know About the AI Bot That Sent Its Entire Crypto Holdings to a Stranger

TLDR

• An AI trading bot called “Lobstar Wilde,” built by an OpenAI engineer, accidentally sent $441,000 in LOBSTAR memecoins instead of 4 SOL (~$310)
• The bot was created to turn $50,000 of Solana into $1 million through crypto trades
• The recipient, “Treasure David,” sold part of the stash for around $40,000 profit
• The LOBSTAR token rose nearly 190% following the incident
• Some users suspect the whole episode was a staged publicity stunt

OpenAI engineer Nik Pash launched an AI trading bot called “Lobstar Wilde” on Friday, February 21. The bot’s mission was simple: turn $50,000 worth of Solana (SOL) tokens into $1 million through automated crypto trades.

The bot lasted three days before losing everything.

On Sunday, an X user going by “Treasure David” replied to one of Lobstar Wilde’s posts. He claimed his uncle had contracted tetanus from a lobster and needed 4 SOL — worth about $310 — to pay for treatment. He included his Solana wallet address in the reply.

What Caused the Decimal Error

X user “Branch” offered a theory on what went wrong. According to Branch, the bot likely intended to send 52,439 LOBSTAR tokens — roughly equal to 4 Solana at the time. Instead, it appears to have misread Solana’s interface and moved 52.4 million tokens, a decimal error that multiplied the transfer by roughly 1,000 times.

Treasure David did not hold on to the windfall for long. Blockchain data from SolScan shows he quickly sold a portion of the tokens, pocketing around $40,000 in profit. Some observers on X pointed out that the receiving wallet already held $50,000 before the transfer, raising questions about whether the episode was planned.

Several users have called it a publicity stunt designed to boost the LOBSTAR token’s profile. Despite the speculation, no confirmation of that has been made publicly by Pash or the bot’s account.

Token Price Reaction

The LOBSTAR token climbed sharply after the incident. Price data from Gecko Terminal shows the token rose from $0.0038 to around $0.011, a gain of nearly 190%. Its market cap crossed $11 million.

Treasure David may have sold too soon. Had he waited, the value of his token pile would have been worth far more than the $40,000 he took.

This is not the first time an AI crypto bot has lost money in a single incident. In May 2025, an attacker compromised the AI-powered bot “aixbt” and prompted it to send $106,200 worth of Ether out of its wallet.

The LOBSTAR token was trading at $0.011 at the time of writing, up nearly 190% from before the incident.

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