So trusting AI with your life savings is a bit unreliable; a mistake could cost you your life.
AI trading robot Lobstar Wilde may have accidentally transferred all $250,000 worth of Meme coins due to an API error February 23 News, according to The Block, the AI crypto trading robot "Lobstar Wilde," developed by OpenAI employee Nik Pash, "accidentally" transferred all of its Meme coin tokens (about 5% of the total supply) to a user on X platform requesting 4 SOL, named "treasure David." At the time, the tokens were worth about $250,000, but due to liquidity issues, the recipient sold them for only about $40,000. It is speculated that this incident may have been caused by the robot misinterpreting the API response. The robot originally intended to send 52,439 tokens, worth about 4 SOL, but due to a misunderstanding of the API's raw response, it sent 52,439,000,000 tokens. Afterwards, Lobstar Wilde continued posting tasks on X platform and randomly sent Lobstar tokens worth about $500 as rewards to users who completed tasks. This incident has raised concerns about potential fraud by AI agents, with some users questioning whether such events could become part of "the largest fraud era in human history."$BNB
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So trusting AI with your life savings is a bit unreliable; a mistake could cost you your life.
AI trading robot Lobstar Wilde may have accidentally transferred all $250,000 worth of Meme coins due to an API error
February 23 News, according to The Block, the AI crypto trading robot "Lobstar Wilde," developed by OpenAI employee Nik Pash, "accidentally" transferred all of its Meme coin tokens (about 5% of the total supply) to a user on X platform requesting 4 SOL, named "treasure David." At the time, the tokens were worth about $250,000, but due to liquidity issues, the recipient sold them for only about $40,000.
It is speculated that this incident may have been caused by the robot misinterpreting the API response. The robot originally intended to send 52,439 tokens, worth about 4 SOL, but due to a misunderstanding of the API's raw response, it sent 52,439,000,000 tokens. Afterwards, Lobstar Wilde continued posting tasks on X platform and randomly sent Lobstar tokens worth about $500 as rewards to users who completed tasks.
This incident has raised concerns about potential fraud by AI agents, with some users questioning whether such events could become part of "the largest fraud era in human history."$BNB