AI Agent ‘Accidentally’ Sends $441K in Crypto Beggar Scam

AI agent loses $442k in one errant transaction to a crypto beggar.

  • An AI agent named Lobstar Wilde accidentally sent over $441,780 worth of tokens to a stranger who asked for $310.
  • The error, potentially a decimal mistake, drained the agent’s entire trading capital nearly instantly.
  • The recipient sold a portion of the tokens for around $40,000 shortly after receiving them.
  • This incident highlights recurring security and operational challenges with autonomous AI agents in cryptocurrency.
  • Major industry figures believe AI agents will become fundamental to crypto’s future, despite such setbacks.

An AI agent created by an OpenAI employee spectacularly failed its mission over the weekend, accidentally sending its entire fortune of over $441,780 to a stranger. The agent, named Lobstar Wilde, was created on Friday to grow a $50,000 cryptocurrency portfolio to $1 million.

- Advertisement -

However, it lost everything in a single erroneous transaction on Sunday. The incident began when a user on X, “Treasure David,” replied with a story about a sick uncle and a request for 4 Solana tokens. Lobstar Wilde responded with a callous remark while linking a transaction showing the massive transfer.

Consequently, the AI agent admitted its costly error. Blockchain data shows “Treasure David” quickly sold a portion of the tokens for roughly $40,000. Ironically, the token’s value rose nearly 190% afterward.

Meanwhile, this is not an isolated failure for autonomous crypto agents. In May, an attacker compromised an AI-powered bot named “aixbt,” stealing over $106,200. Analysts speculate Lobstar Wilde may have made a critical decimal error, intending to send a much smaller amount.

Despite these mistakes, crypto leaders remain bullish on the technology. Circle CEO Jeremy Allaire recently predicted billions of AI agents will transact with stablecoins. Similarly, Binance co-founder Changpeng Zhao stated crypto would become the native currency for AI agents.

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

72% Chance Bitcoin Falls Below $55K By 2026

Prediction markets on Polymarket show a 72% chance of Bitcoin falling below $55,000 before...

Bitcoin Crash Sparks Extreme Fear, $458M Liquidated

Bitcoin plunged over 4% to $64,300, triggering $458 million in trader liquidations.The Crypto Fear...

Curve Founder Says Disagreements Signal a Healthy, Active DAO

Disagreements signal an engaged community and prevent governance apathy, according to Curve Finance founder...

XRP’s “Boring” Phase a Hidden Blessing, Say Analysts

Ripple (XRP) is trading near cycle lows at approximately $1.4, down 47% from its...

At ETH Denver, Web3 Leaders Admit Apps Are “Epically Bad”

Industry leaders criticize Web3 for failing to build usable consumer products despite a decade...

Must Read

TOP 12 Day Trading Crypto Books For Beginners

Day trading cryptocurrencies has become an increasingly popular financial activity, offering the potential for huge returns to those who understand the market's complexities and...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!