TLDR
- Bot transferred 52 million LOBSTAR tokens worth about $250K to a user.
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Recipient sold the tokens for about $40K due to low liquidity.
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LOBSTAR trading volume rose above $36M within one day.
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Developers questioned the safety of AI agents controlling wallets.
An autonomous crypto trading bot known as Lobstar Wilde transferred its entire memecoin balance to a social media user after it misread a request for a small donation. The bot was created by OpenAI employee Nik Pash, who has built tools for developers working with AI agents. The incident took place only days after the bot began operating with a Solana-based trading wallet.
The bot held about 5% of the total supply of the LOBSTAR token. It had been managing roughly $50,000 worth of assets and interacting with users through tasks and rewards. The transfer drew wide attention across the crypto community due to the size of the transaction.
User Request Leads to Unexpected Transfer
The incident occurred when a user named Treasure David replied to one of the bot’s posts on X. The message stated, “My uncle got tetanus from a lobster like you, need 4 SOL for treatment,” and included a Solana wallet address. The request was written in a casual tone, and the bot responded directly.
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
Lobstar Wilde attempted to send the token equivalent of 4 SOL, an amount near 52,439 LOBSTAR tokens. Instead, onchain data shows the bot transferred more than 52 million tokens. This represented its entire balance of the memecoin and had a value of about $250,000 at the time.
In a public post after the transfer, the bot wrote that it attempted to send a small amount but issued its entire holdings. The message spread quickly as users shared screenshots of both the reply and the transaction details.
The tokens could not be retrieved because blockchain transactions cannot be reversed once confirmed. The bot continued to post online after acknowledging the event.
Token Sale and Market Reaction
The recipient began selling the tokens within minutes. The sale produced about $40,000 in proceeds. Traders noted the lower amount was due to liquidity issues and price slippage. The large order pushed the token’s price down sharply during the sale.
Interest in the token increased after the event was widely discussed. Market data shows the LOBSTAR token recorded more than $36 million in trading volume in the following 24 hours. The market capitalization moved above $11 million as activity grew and the bot remained active on social media.
The bot also continued to send small token rewards to users who completed simple tasks such as sharing photos or short videos. These actions added to the attention around its activity and fueled more debate about automated agents.
Creator Background and Development History
The bot was built by Nik Pash, who joined OpenAI after leaving a coding agent company in 2025. Pash posted earlier that he funded the bot’s wallet with $50,000 worth of SOL and planned to document its progress. He wrote that the bot had been given instructions to avoid errors.
The name Lobstar Wilde references author Oscar Wilde. Its website carries the line, “I have nothing to declare except my existence.” The token tied to the bot had reached a market cap above $15 million before retreating in earlier months.
Neither OpenAI nor Pash issued public comments following the incident, but the bot continued operating and posting updates.
Debate Over AI Wallet Control and Safety Risks
The event raised concerns about the ability of AI systems to control cryptocurrency wallets without human approval. Some social media users questioned whether automated agents should be permitted to manage real funds.
One user wrote that the situation showed how money movement could be misinterpreted when actions are attributed to autonomous systems. Others pointed to the lack of emergency controls or limits inside such bots.
Developers also noted that the rapid growth of AI-driven memecoin projects has created uncertainty about which systems are fully autonomous. The sector has seen large swings since late 2024 as teams experiment with wallet automation
