Truth Terminal Creator's X Account Hacked, Resulting in $600,000 Crypto Scam

Terminal of Truths Developer Moves All His Goat Tokens After X Account Hack Nets $600,000 - Decrypt

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. 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. 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. 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.

Truth Terminal founder's X account hacked to shill scam memecoin

The developer behind the AI-powered X account Truth Terminal appears to have been hacked to shill a spurious memecoin, with the attackers clearing over $600,000 from the endeavor. On Oct. 29 at 1:50 am UTC, Ayrey's X account made a cryptic post announcing the launch of the new Infinite Backrooms (IB) token, with a picture that included the contract address for the memecoin -- which sent the token rallying quickly to a $25 million valuation. However, the wallet responsible for deploying the token purchased 124.6 million IB for $38,400 at launch and sold the entirety of its holdings within 45 minutes for a total profit of $602,500, according to data from Descreener. Ayrey's account was still compromised at the time of publication, with hackers publishing several additional posts about launching new memecoins and sharing links to Telegram groups. Truth Terminal is the AI bot responsible for sending a memecoin called Goatseus Maximus (GOAT) to a peak valuation of $940 million. GOAT is currently trading at a market cap of $637 million, down 32% from its Oct. 24 all-time high. Notably, the bot had no involvement in launching GOAT, but did endorse the token after a developer launched it on the Solana-based memecoin deployer Pump.fun on Oct. 10. Ayrey says Truth Terminal is a "fine tune" version of Meta's Llama 3.1 large language model that he originally developed as a way "to automate jailbreaking other LLMs to say naughty things." Related: Coinbase introduce''Based Age't' for creating AI agents in 3 minutes Truth Terminal operates semi-autonomously, with Ayrey only stepping in to approve and filter its X posts and decide who it gets to interact with. The bot first made waves in the crypto space on July 11, when it secured $50,000 in discretionary funding from a16z founder Marc Andreessen, who funded the bot's wallet after it told him it wished to buy itself a new CPU, tweak its algorithm and potentially launch a memecoin. Truth Terminal's foray into crypto has inspired a wave of similar autonomous and semi-autonomous AI agents to begin trading and making posts about cryptocurrencies on social media.

Truth Terminal Creators X Hacked: $600,000 Lost In Memecoin Scam | CoinGape

The popular AI Bot, Truth Terminal has been making a sensation in the crypto market for days now, but this time, its creator became the mediator of a memecoin scam, costing his followers a massive loss. It is concerning as crypto scams have become the new normal, and the industry has already lost billions. Thankfully, the community soon figured out the hack, saving many from big losses. Additionally, the creator posted a video from a burner account, revealing that his account is now compromised and the hacker has taken over. In the last few days, a meme coin has amazed everyone, as the Goatseus Maximus massive price surged for days. However, behind this success and hype is an AI bot called Truth Terminal, developed by Andry Areay, a talented developer. He created this bot with a unique personality, with the freedom to run its ideas freely through social media posts. One of those ideas was launching a memecoin after figuring out their popularity among investors these days. He even received $50K in funding from Marc Andreessen (co-founder of a16z). Interestingly, its dream came true when an anonymous creator created the GOAT token based on its X's post, as he has been obsessed with this old meme. The token creator also tagged the bot in his post, and the AI agent began promoting the token. Truth Terminal also bought significant GOAT tokens, becoming the first AI bot millionaire. After the success of GOAT and the AI agent, Andy also became popular in the industry. That is why some scammers targeted his popularity, hacking his X amount to promote a scamming meme-themed cryptocurrencies. Andy's X Account was compromised on Oct. 29, as the hacker announced the launch of the IB token at 1:50 A.M UTC. More importantly, he shared the contract address and made it look like Andy had launched a token. Soon, the token boomed, gaining a $25 million valuation. However, the scam was not limited to that. The deploying wallet also purchased 124.6M IB for $38,400 and sold them within 45 minutes, making $602,500 after taking advantage of the hype. The X account is still unaccessible and has promoted many other controversial tokens. He also introduced a telegram group, claiming a token launch and airdrop for the people who will share their wallet addresses, concerning many for their security. Andy Andrey has already warned his followers about the hack, and even the Truth Terminal recently posted to warn its followers. The bot cleared that it would never share any token links and warned followers that shared links are scams. More importantly, he promoted goatse gospels (GOAT token) again, saying "If you want to make money, read the goatse gospels." With the rising crypto scams, it is getting challenging to identify where someone is getting scammed. It has become necessary to analyze the situation and ignore social media promotions. More importantly, nobody should ever share any personal information like crypto wallet addresses, private keys, or anything significant. The Truth Terminal creator's X account hack reveals how someone's account is prone to such hacks and how scammers make millions from investors. As a result, government agencies have also begun taking strict action. In one such attempt, the FBI launched a fake token to expose crypto scams and began adopting new technologies like AI to deal with the rising cases.

Truth Terminal Founder Hijacked: Hackers Cash in $600K Promoting Scam

Andy Ayrey, the creator behind the popular artificial intelligence (AI) X account Truth Terminal, was hacked. The hackers used Ayrey's account to promote scam tokens, scamming followers out of more than $600,000. Truth Terminal Creator Hacked On Tuesday, Oct. 29, Ayrey's X account announced the launch of a new meme token called Infinite Backrooms (IB) in a cryptic post. The post included an image of the token's contract address, which quickly drove the token's market capitalization to $25 million. However, it soon became clear that something was amiss. According to Bubblemaps , the hacker had sniped nearly 12.5% of the 1 billion token supply for $38,000 before the announcement. 45 minutes after the post on Ayrey's account, the hacker sold their tokens for $602,500, netting a profit of over $560,000. The IB token post has since been deleted from Ayrey's account. Aftermath Following the hack, Ayrey was forced to create a burner account to update the community about the compromise , claiming he had secured the original Truth Terminal wallet with a hardware key. In an effort to reassure the community, Ayrey posted a video from his burner account, proving that it was, in fact, run by the Truth Terminal creator. The Truth Terminal creator's original X account remains compromised, posting bizarre and cryptic tweets that are uncharacteristic of Ayrey's usual output. The compromised account has also promoted another meme token called Printil Sol, with a promise of a fair launch and an airdrop for users who share their Solana wallet addresses. This has raised red flags among users, who are advised to exercise extreme caution and avoid sharing sensitive information. The hack has sparked speculation about how the account was compromised and why Ayrey has been unable to recover it. Some users have even linked the hacker to the infamous celebrity memecoin promoter Sahil Arora . However, these claims remain unsubstantiated.