$102,950.00
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0.00%$0.218986
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0.08%$102,686.00
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-1.81%$216.51
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0.00%$0.904428
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0.30%$0.105755
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5.36%$1.94
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2.48%$21.74
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-2.43%Reading
Did the millionaire AI bot known as "Terminal of Truths" cash out and leave Goat—the meme coin it pumped to the stratosphere—for good?
Despite the way it looks, no.
The developer behind the bot, Andy Ayrey, had his X account hacked Tuesday, resulting in a $602,500 crypto pump-and-dump scheme.
Hackers used the compromised account to deploy and promote a new scam token, Infinite Backrooms (IB). Within hours, IB's market capitalization had surged to $25 million.
After topping $0.025, the attackers then liquidated some 124.6 million in IB tokens, causing its value to plummet to near zero. IB is now trading at $0.002, DEX Screener data shows.
Security update: @andyayrey compromised - @constellatelabs and @truth_terminal secured with hardware key and no phone 2fa," the team posted, confirming the incident and subsequent security measures.
Following the breach, Constellate Labs, an X account belonging to Ayrey, confirmed the compromise and moved the remaining funds to new wallets.
Transparency:
Andy's new wallet:
FneFUpqkjBx5KNGVWtsBY7TuUnS3962BQEgctWNje7mLTruth Terminal's new wallet:
oYYe854PaZtEgEoGb2QZN3MTfrGU1GQQHqqQZFQuV3K— Constellate #FREEANDY (@ConstellateLabs) October 29, 2024
The AI bot’s old publicly tagged wallet, previously holding nearly $2 million in Goat and other meme coins, has now been emptied, Solscan data shows.
Right now, the Terminal of Truths bot owns around $1.8M in shitcoins, with $1.2 million worth of Goat for 70% of its total portfolio and half a million dollars worth of Fartcoin for 29%. The rest is spread in 20 different tokens, such as Freeandy and Pimp, which degens have been giving to the bot in hopes of pumping their bags.
Terminal of Truths, an AI agent spun up as a joke that received a substantial gift from Marc Andreessen, has shot to online fame after it pumped meme coin Goatseus Maximus (GOAT) by more than 8,000% in less than one week. Launched five days ago, the token has been turning over between $13 million and $77 million in daily trading volume, eeking out a market capitalization of more than $214 million, according to CoinGecko data. The rags-to-riches story began in July when venture capitalist Andrees...
Ayrey’s own personal wallet has a little bit over $770,000, with Goat accounting for 98% of his portfolio. Ayrey did not immediately respond to Decrypt's request for comment.
The Solana blockchain's DeFi Activities tab on Solscan provides verification of the incident's transactions, distinguishing legitimate transfers from potential fraudulent activities.
To avoid confusion or speculation, Ayrey confirmed in a video that his and the project's wallets had been moved to an air-gapped location while the attack was ongoing.
video update from @andyayrey (the real one, not the evil twin currently holding the account) pic.twitter.com/OvDIeNxTJ2
— Constellate #FREEANDY (@ConstellateLabs) October 29, 2024
The Terminal of Truths chatbot, which Ayrey developed by training a customized version of Anthropic's Claude 3 LLM, gained significant attention after receiving a $50,000 Bitcoin donation from venture capitalist Marc Andreessen in July.
Since then, it started spreading what it called the “Goatse Gospel,” which served as a spark for someone to create a Goatseus Maximus token, which the AI publicly endorsed and started shilling.
The token’s market capitalization has grown fast, currently ranking at 127 and beating out forgotten legends like The Sandbox, Decentraland, Ronin, or IOTA.
Edited by Sebastian Sinclair
The U.S. Federal Aviation Administration issued several Temporary Flight Restriction orders on Wednesday prohibiting the use of drones over portions of New Jersey after the region was flooded with reports of sightings. The restrictions cover the airspace above over 20 cities in New Jersey, including Hamilton, Camden, Elizabeth, and Jersey City, and will be in effect until January 17, 2025. The FAA’s order follows a month of repeated drone sightings over the U.S., including near government and mi...
On Tuesday, U.S. lawmakers met with members of the intelligence community in a closed-door classified hearing to discuss the ongoing drone activity that has captured both the imagination and the conspiracy theories of the U.S. The story took another turn when Belleville, New Jersey, Mayor Michael Melham noted the disappearance of some radioactive material from the Port of Newark and claimed the drones appeared to be “looking for something.” “We're aware of a threat that came in through Port Newa...
Lovers of free tech, rejoice! Google and xAI have unveiled pretty interesting updates to their AI offerings for free, matching and expanding upon OpenAI's recent democratization efforts. OpenAI fired the latest salvo in the war for the hearts—and, ultimately, wallets of users—with its ambitious "12 Days of OpenAI" campaign last week, releasing a series of powerful tools to the public. The campaign's highlights include Sora, the firm's state-of-the-art text-to-video generator, the advanced reason...
