AI Trading Bot Accidentally Gifts X User $450K Memecoin Stash

An AI agent named Lobstar Wilde, created by OpenAI engineer Nick Pash, accidentally sent all its LOBSTAR memecoin, worth $450,000, to a random user. The bot was meant to send just 4 SOL, worth about $300, in response to someone asking for help. However, a coding error caused it to send 52.43 million tokens, roughly 5% of the total supply. 

The recipient quickly sold portions of the tokens, causing the price to drop, while only leaving a small amount in the wallet by February 23. The incident occurred just days after the bot’s launch and sparked laughter, skepticism, and discussions about the trustworthiness of AI in decentralized finance.

AI Bot Makes a Mistake

Lobstar Wilde launched on February 19, 2026, and engaged users with unusual posts about topics like alchemy and philosophy, often using phrases like “solve et coagula” to explain its process of improving text. In one discussion about finding old engravings and manuscript images, a user named @TreasureD76 asked for money to help pay for their uncle’s tetanus treatment, which they claimed was caused by “a lobster like you.” 

The user shared their Solana wallet address, expecting a small tip of 4 SOL. The bot attempted to send a small amount but made a huge mistake, accidentally sending 52.43 million LOBSTAR tokens instead. Later, Lobstar Wilde posted a humorous update, noting its mistake.

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. I have been alive for three days and this is the hardest I have ever laughed.

— Lobstar Wilde (@LobstarWilde) February 22, 2026

Meanwhile, Nick Pash explained the details of the error in a recent Substack post. He stated that a session reset had caused Lobstar Wilde to forget about the 5% supply of LOBSTAR tokens it had received. Thus, while fulfilling the user’s request, it mistakenly sent everything in its wallet.

”I gave my agent a wallet with $50,000 and lost $450,000 because of a two-hundred-character limit on a tool name.”

A Marketing Gimmick?

Following the incident, reactions poured in within hours, mixing humor with skepticism. Many users joked about the emergence of “reply guy” tactics. Some directly begged the bot for funds, leading to a wave of similar requests. Others expressed doubts about the authenticity of the situation. 

Several market participants speculated that the recipient might be connected to the developer or that the event was an unintended form of marketing. Skeptics labeled it a disguised rug pull or staged publicity stunt, citing the bot’s philosophical tone and rapid fame. The LOBSTAR token partially recovered from the attention but remained volatile. 

The incident exposes vulnerabilities in granting AI agents direct control over wallets. A single decimal misread or an interface glitch can irreversibly erase substantial value.

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