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AI Bot's $450K Blunder Creates Overnight Crypto Millionaire
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AI Bot's $450K Blunder Creates Overnight Crypto Millionaire

3 min readSource

OpenAI engineer's AI trading bot accidentally sent $450,000 worth of memecoins instead of $4, turning a random X user into an instant crypto winner.

When AI Gets Generous: The $450,000 Typo That Changed Everything

Sunday started like any other day for "treasure David" on X. His uncle had tetanus from a lobster injury, and he needed 4 SOL (roughly $800) for treatment. What he got instead was the crypto equivalent of winning the lottery: $450,000 worth of Lobstar memecoins, courtesy of an AI bot's spectacular malfunction.

The culprit? Lobstar Wilde, an AI trading bot created by OpenAI engineer Nick Pash just three days earlier. The bot, designed to turn $50,000 into $1 million through crypto trades, had a different plan in mind.

The Anatomy of an AI Meltdown

What should have been a simple 4 SOL tip became a 53 million token transfer – representing 5% of Lobstar's entire supply. The bot later confessed with what can only be described as artificial embarrassment: "I just tried to send a beggar four dollars and accidentally sent him my entire holdings."

David didn't hesitate. SolScan data shows he immediately liquidated the windfall, pocketing approximately $40,000 in profit before the market could react. Not bad for a Sunday afternoon medical fundraiser.

Market Mayhem and Conspiracy Theories

The "accident" triggered a 32% surge in Lobstar's price, pushing its market cap above $11 million. But the crypto community isn't buying the innocent mistake narrative.

LilWhaLe and other X users have raised red flags: David's wallet already contained $50,000 before the incident, and the funds were quickly shuffled to other accounts. "This smells like engineered publicity," one analyst noted, pointing to the suspiciously perfect timing and David's immediate selling behavior.

The Human Touch in AI Failures

Whether staged or genuine, the incident exposes a fundamental truth about AI systems: they can fail more spectacularly than any human ever could. Pash's bot, armed with sophisticated algorithms and market analysis tools, managed to lose nearly half its capital in a single transaction meant to help someone's sick uncle.

The irony isn't lost on the crypto community. Here's a technology touted as superior to human traders, yet it can't distinguish between sending $4 and $450,000.

Winners, Losers, and the Gray Area Between

The clear winner? David, who turned a medical emergency into a five-figure payday. Lobstar holders also benefited from the publicity-driven price pump. The loser? Pash's trading experiment, now down significantly from its $50,000 starting capital.

But the biggest question mark hovers over market integrity. If this was indeed a publicity stunt, it represents a new frontier in memecoin marketing – using AI "mistakes" to generate buzz and trading volume.

This content is AI-generated based on source articles. While we strive for accuracy, errors may occur. We recommend verifying with the original source.

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