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Haider Jamal

Oct 29, 2024

Hackers Exploit Truth Terminal X Account To Shill Meme Token

AggrNews monitoring recently caught the X account of AI chatbot project Truth Terminal founder Andy Ayrey being hacked. The hacked account posted a message claiming the founder of Truth Terminal planned to launch a new cryptocurrency token named IB.

This post included an image indicating that the token had completed its development phase on the pump.fun platform, though it was later removed. Hacks are commonplace in the crypto space, though many are now actively promoting fraudulent meme tokens through malicious means.

An Evolving Project

Truth Terminal is an AI-driven chatbot initiative that initially captured the attention of the cryptocurrency community with its innovative mix of artificial intelligence and cultural storytelling. Launched by researcher Ayrey, the bot gained significant recognition in July 2024 after receiving a notable Bitcoin donation by Marc Andreessen, co-founder of a16z.

What began as an X bot parodying a fictional religion called the Goatse Gospel has evolved into a project exploring meme coins, digital culture, and the complexities of AI interactions in the ever-changing crypto space.

 

A Refined Version

The founder describes the initiative as a refined version of the Meta Llama 3.1 model, aimed at pushing the limits and examining the impact of AI in meme content creation. Ayrey originally conceived the bot to crack other language models in order to deliver bad jokes.

While Truth Terminal operates as an independent AI, it does not engage in trading or creating any cryptocurrencies. Ayrey, who holds the associated wallet, emphasizes that the project is an artistic endeavor rather than a commercial one.

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