OpenAI Employee's AI Agent Mistakenly Sends Entire Meme Coin Holdings to Responding User

2026/02/23 23:57 (Updated 2026/02/24 05:00)

CoinPost

Written by Enzo

API Misinterpretation Leads to $250,000 Misdirected Transfer

An autonomous AI trading bot 'Lobstar Wilde', developed by Nick Pash at OpenAI, mistakenly sent its entire meme coin holdings to a user on X (formerly Twitter) on the 22nd.

The incident occurred when a user replied with a wallet address stating 'I need 4 SOL for my uncle's medical treatment'. The bot misread the API response and instead of sending an equivalent of 4 SOL, it erroneously transferred 53 million 'Lobstar' tokens (5% of the total supply, valued at approximately $250,000 at the time).

The bot intended to send $4 to a beggar but ended up sending $250,000...

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