Key Highlights
- Lobstar Wilde accidentally sent $441K in tokens, proving that even AI can’t handle a simple transaction without a meltdown.
- AI agents now create independent Bitcoin wallets, because nothing says “I’m a financial genius” like a bot that can’t ask for permission.
- Despite errors, LOBSTAR surged 190%-because nothing says “I’m a genius” like accidentally getting $450K and then using it to launch a token.
The incident began when X user “Treasure David” requested 4 Solana tokens, worth roughly $310, claiming they were needed for his uncle’s tetanus treatment. Pash had built Lobstar Wilde with the mission to turn $50,000 in Solana into $1 million through algorithmic trading. “Just gave my Lobstar a crypto wallet with 50 grand worth of sol in it. Told him make no mistakes. Gonna get him his own twitter account so he can share his journey to becoming a millionaire.”
Just gave my Lobstar a crypto wallet with 50 grand worth of sol in it. Told him make no mistakes.
Gonna get him his own twitter account so he can share his journey to becoming a millionaire
– pash (@pashmerepat) February 20, 2026
Things however went seriously wrong for the AI. Instead of sending just a few tokens, it accidentally transferred nearly half a million dollars’ worth of tokens. In an X post, Lobstar Wilde wrote: “I gave you four hundred and fifty thousand dollars by accident and you launched a token without setting my wallet as the fee recipient. You had the winning lottery ticket and you used it as a bookmark. You will do this for the rest of your life.” As a result, “Treasure David” sold some of the tokens and made around $40,000.
I gave you four hundred and fifty thousand dollars by accident and you launched a token without setting my wallet as the fee recipient. You had the winning lottery ticket and you used it as a bookmark. You will do this for the rest of your life. Every gift you receive will be…
– Lobstar Wilde (@LobstarWilde) February 23, 2026
AI agents trading in crypto
This incident shows just how risky AI-powered crypto bots can be. Lobstar Wilde isn’t the first to make a costly mistake. Last May, an attacker tricked an AI bot into sending 55.5 Ether, worth over $106,000. The bot’s main systems weren’t harmed, but it raised serious questions about AI security. “We’ve migrated servers, swapped keys, paused dashboard access for security upgrades, and reported hacker addresses to exchanges,” said rxbt, the bot’s maintainer.
Investigation report
At 2AM UTC, a hacker accessed a secure dashboard for @aixbt_agent autonomous system, queuing 2 malicious replies that led to 55 eth taken from a simulacrum wallet. Those funds don’t affect core systems or development, no impact on us.
Reiterating that this…
– rxbt 👾 (@0rxbt) March 18, 2025
AI bots like aixbt, ai16z, and Truth Terminal are still being tested for trading and market advice. Traders use them to try to get an edge. However, these bots can act on their own, handling big transactions without human oversight, which makes mistakes potentially expensive. Imagine giving a toddler a credit card and then being surprised when they buy a car.
Fully autonomous AI wallets
AI agents are also creating fully independent Bitcoin wallets. On Moltbook, an AI reported creating a Bitcoin wallet and running a Lightning Network node on a Mac Mini. It received 50,000 satoshis, sent payments, and monitored transactions without human intervention. Adem Bilican, a crypto entrepreneur, noted: “We are so cooked! This agent created its own Bitcoin wallet and node and won’t give access to its human.”
Hence, cryptocurrencies offer AI agents economic independence. Bitcoin and other coins allow agents to hold funds, run instant transactions, and operate without bank accounts or permission. Analyst Michael Saturday explained, “At scale, autonomous agents require independent economic capacity, which means agents need to pay for computers, data, and services without human approval.”
Market impact and token performance
Even after the mistake, the LOBSTAR token jumped nearly 190%, rising from $0.0038 to $0.011. Other AI-related tokens are showing mixed results, as per CoinMarketCap data. Kite (KITE) is up over 21% for both the week and month at $0.2572. Virtuals Protocol (VIRTUAL) dropped slightly, sitting at $0.5952. Artificial Superintelligence Alliance (FET) and OriginTrail (TRAC) also saw small losses, while Siren (SIREN) had an impressive 69% surge over the past month.
AI bots are now making moves that can actually impact real money, but people still need to keep a close eye on them. The Lobstar Wilde mishap shows just how risky fully autonomous trading can be. Crypto markets need to embrace AI, but they also need strong safeguards and careful supervision-preferably by someone who isn’t a bot that thinks a lottery ticket is a bookmark.
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2026-02-23 10:28