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

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:
FneFUpqkjBx5KNGVWtsBY7TuUnS3962BQEgctWNje7mL

Truth 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.

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