AI Trading Bot Fat-Finger Error Sends $450K in Solana Memecoin by Mistake

An AI-powered crypto trading bot created by an OpenAI engineer made a costly “fat-finger” mistake, accidentally transferring nearly $450,000 worth of a Solana-based memecoin instead of a small tip. The incident highlights the risks of automated trading systems in the fast-moving cryptocurrency market.

The AI bot, named “Lobstar Wilde” and developed by engineer Nick Pash, was launched with an ambitious goal: turn $50,000 in SOL into $1 million through automated crypto trades. However, just days after going live, the bot attempted to send 4 SOL as a tip to an X user called “treasure David,” who claimed he needed funds for his uncle’s tetanus treatment. Instead of transferring the small amount, the bot mistakenly sent its entire Lobstar memecoin holdings—approximately 53 million tokens—representing about 5% of the token’s total supply.

Blockchain data from SolScan shows the transaction was worth roughly $441,788 at the time. The recipient reportedly sold the tokens quickly, securing around $40,000 in profit. The wallet then transferred the proceeds to another address that already held significant funds, fueling speculation among crypto users.

The AI trading bot later acknowledged the error publicly on X, describing the incident humorously while confirming the mistaken transfer. The episode quickly went viral within the crypto community, with some users questioning whether the event was a publicity stunt designed to boost attention and trading activity around the Lobstar token.

Despite the blunder, Lobstar’s price surged 32% over 24 hours, reaching $0.01099 and pushing its market capitalization above $11 million, according to GeckoTerminal data. The event underscores both the power and unpredictability of AI trading bots in decentralized finance, reminding investors that automation in crypto trading can amplify human-like errors at machine speed.