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Truth Terminal Founder’s X Account Hacked To Shill New Token

Truth Terminal Founder's X Account Hacked To Shill New Token

Key Points:

Truth Terminal founder X’s account was hacked, and a now-deleted post falsely claimed he was launching a new token named “IB.”
Truth Terminal, an AI chatbot blending cryptocurrency themes with satire, gained traction after a notable Bitcoin donation from venture capitalist a16z.

AggrNews monitoring caught the X account of AI chatbot project Truth Terminal founder Andy Ayrey being hacked.

Truth Terminal Founder’s X Account Hacked, False Token Announcement Posted

The compromised account issued a message saying the Truth Terminal founder intended to launch a new cryptocurrency token called “IB.”

The post was including an image that showed the token had finished its development phase on the pump.fun platform, but was later deleted from the account.

AI Chatbot Truth Terminal Gains Popularity Among Crypto Community

Truth Terminal is an AI-powered chatbot project which originally took the cryptocurrency world by storm due to a unique blend of artificial intelligence and cultural narrative. Originally launched by researcher Ayrey, the bot took center stage in July 2024 when it received a sizeable Bitcoin donation courtesy of venture capitalist and a16z co-founder Marc Andreessen.

What once started out as an X bot that made fun of a fictional religion called the “Goatse Gospel” has since grown into a project of contemplations about meme coins, digital culture, and the intricacies of AI-driven interactions within the crypto world.

The founder of the Truth Terminal, describes the work as a “refined version” of Meta’s Llama 3.1 model with the intent of testing the boundaries and the effects of using AI in meme content generation. In fact, Ayrey had envisioned the bot to originally “crack” other LLMs to tell terrible jokes.

Although the Truth Terminal works as an independent AI, it does not trade or build any cryptocurrency itself. The owner of the related wallet is Ayrey, who says the project is an art, not a commercial exercise.

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.