🦞 AI bot sent $270K to a random commenter

An OpenAI developer known as Pash launched an experiment with OpenClaw, giving a bot called Lobstar Wilde a $50,000 budget and a goal to turn it into $1M.

The model had access to X, a crypto wallet, and other tools, and quickly gained attention online.

Soon, unknown users created a meme token called $LOBSTAR and made the AI the recipient of trading fees.

At one point, the bot controlled about 5% of the token supply.

After Pash reset the model due to technical issues, Lobstar suddenly sent 52M LOBSTAR tokens, worth about $270,000 at the time, to a commenter asking for 4 SOL for “uncle’s treatment.”

The AI had forgotten its balance context and transferred its full holdings instead of the intended equivalent.

Within an hour, market cap recovered and moved above pre-incident levels. The initial loss reportedly grew toward $450,000 before the recovery.

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BREAKING: Eric Trump is deleting all crypto related X posts

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⚖️ Lawsuit claims Jane Street played role in $40B LUNA-UST collapse

A new lawsuit filed in U.S. District Court alleges that Jane Street used insider information during the May 2022 Terra collapse to profit from the breakdown of UST.

➡️ In mid-April 2022, Terraform Labs announced that Anchor’s 20% yield would begin declining.
Anchor was the main driver of UST demand. Around the same time, Terraform was shifting UST liquidity to a new Curve pool, reducing depth in the main 3pool.

➡️ On May 8, 2022, Terraform withdrew 150M UST from Curve’s 3pool.
According to the complaint, 9 minutes later Jane Street sold 85M UST in a single trade into that same pool, the largest sale ever executed there.

The lawsuit claims that this trade accelerated the depeg. Within days, UST collapsed and billions in value were wiped out.

It also alleges Jane Street was in direct contact with Do Kwon during the crisis and discussed buying BTC or LUNA at heavy discounts in the $200M–$500M range.

Terraform was using Bitcoin reserves to defend the peg, so any insight into liquidity conditions would have been highly valuable.

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