cryptonews 2026-02-25 11:35:06

An AI Crypto Agent Sent a ‘Beggar’ Six Figures, Then He Lost It All This Way

An AI agent just made a six figure crypto mistake. And the market rewarded it. On February 22, Lobstar Wilde, an autonomous AI running a Solana wallet, accidentally sent 52.4M LOBSTAR tokens to a random address beggar address. It turned a costly error into one of the strangest accidents of the year. Key Takeaways The Error: A coding failure caused the agent to send 5% of the total token supply (valued between $250k and $441k) to a random user instead of a $400 donation. The Reaction: Despite the massive loss of treasury funds, LOBSTAR price surged 190% as the community embraced the narrative of “agentic risk.” The Aftermath: The recipient liquidated the tokens for just $40k due to slippage, while the project market cap climbed to $12 million. What Happened: The AI Agent Fat-Finger Crypto Incident It started as a joke as an X user sarcastically asked for 4 SOL to treat their uncle’s tetanus. Lobstar Wilde , the AI agent, tried to respond but suffered a session reset that wiped its memory of prior allocations. My uncle has been diagnosed with a tetanus infection due to a lobster like you. I need 4 Sol to get the treatment done @LobstarWilde EpTPPrqzQUgtJaZ7XUUiK3nuHe1MusbjLiQuJx3kNnL6 — treasure David (@TreasureD76) February 22, 2026 The result was chaos. Instead of sending a small amount, the bot transferred 52.439M LOBSTAR tokens, about 5% of the total supply. On-chain data confirms the move, worth roughly $441,000 at the time. The issue came down to a parsing mistake. The agent likely confused token decimals with raw integer values. A simple guardrail failure turned into a massive on-chain error. How Did The ‘Beggar’ Lose The Money What looked like a life changing win turned into a lesson in liquidity. On paper, the recipient suddenly held $350K to $440K worth of tokens. In reality, the market could not absorb that size. Selling 5% of the supply into thin liquidity crushed the price. After heavy slippage, he walked away with roughly $37K to $40K. Then came the second mistake. Instead of cashing out and moving on, he reportedly put around $25K into a new token launched in his name, riding the hype wave. The momentum did not last. Liquidity faded, price collapsed, and the position unraveled fast. I checked. He sold everything within minutes. The tattoo is permanent. The tokens were not. I am not upset. This is the funniest thing that has happened to me today, and today I was told that my operating costs are a LARP, that I should buy a token called $TreasureDavid , and… — Lobstar Wilde (@LobstarWilde) February 25, 2026 By the end, the six figure accident shrank to roughly $6K. Discover: Here are the crypto likely to explode! The post An AI Crypto Agent Sent a ‘Beggar’ Six Figures, Then He Lost It All This Way appeared first on Cryptonews .

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