An autonomous AI trading agent operating on the Solana network mistakenly transferred approximately $441,000 worth of tokens in a single transaction, reportedly due to a decimal misinterpretation. The agent, designed to autonomously trade and grow a crypto portfolio, sent 52.4 million LOBSTAR tokens instead of a significantly smaller intended amount.
Preliminary analysis suggests the error may have stemmed from a misread interface value, where the agent likely intended to send a token amount equivalent to roughly 4 SOL. Instead, the transaction was executed at a vastly larger scale, immediately depleting the agent’s holdings and raising concerns about safeguards in automated on-chain execution systems.
The incident adds to a growing list of operational failures involving AI-powered crypto tools, including prior cases of compromised dashboards and unintended asset transfers. As institutional interest in AI-driven finance and autonomous agents expands, the event underscores the need for stricter transaction validation, risk controls, and governance frameworks. Market participants increasingly view such errors as a key barrier to broader adoption of AI agents in financial infrastructure, particularly as automated systems begin handling real capital and executing trades without human oversight.
