Moltbot Founder Denies Token Launch and Warns of Crypto Scams

The founder of the open-source AI assistant ClawdBot, now renamed Moltbot, has issued a clear warning to the crypto community. Peter Steinberger said he has never launched a token and never plans to. He also said any project claiming he owns or supports a coin is a scam.

To all crypto folks:
Please stop pinging me, stop harassing me.
I will never do a coin.
Any project that lists me as coin owner is a SCAM.
No, I will not accept fees.
You are actively damanging the project.

— Peter Steinberger 🦞 (@steipete) January 27, 2026

His statement came after scammers used his project’s name to promote fake tokens and target traders. Peter Steinberger, who previously sold his software company PSPDFKit for around €100 million, returned to build AI tools. He now finds himself dealing with unwanted crypto hype and abuse instead of code.

Account Takeover After Rename Error

The problem started when the project changed its name from ClawdBot to Moltbot because of trademark issues. During the rename process, a mistake allowed scammers to take over or squat on related GitHub and X accounts. They quickly used these fake accounts to pretend they were part of the real project.

After that, scam accounts began pushing meme tokens linked to the ClawdBot name. These posts spread fast because the AI tool had gone viral among developers. Moltbot Founder said he is working with GitHub to recover control of the affected accounts. He also warned users to ignore any crypto claims tied to his project.

Moltbot Founder’s Strong Public Denial

Peter Steinberger posted a blunt message on X. He told crypto users to stop messaging and harassing him. Moltbot Founder
said, “I will never do a coin,” and added that any project listing him as a token owner is a scam. He also said he will not accept any token related fees.

He explained that the scammers’ actions are hurting the real project. Instead of focusing on building software, he now has to defend himself from false claims. His tone showed clear frustration. He asked people to respect his work and stop pushing crypto narratives onto a tool that has nothing to do with tokens.

Fake Token Hype on Solana

After the impersonation started, fake tokens such as $CLAWD appeared on Solana. These coins were likely launched through easy meme coin platforms. At one point, the token’s market cap reportedly reached around $16 million. Some early buyers claimed huge gains.

But once Peter Steinberger denied any link to the token, the price collapsed. Liquidity dropped fast. The market cap fell into the low six figures or lower. This pattern followed a familiar path. Hype came first, then reality hit. Many late buyers were left with losses.

A Warning for the AI and Crypto Space

This case shows how fast scammers move when an AI project becomes popular. They hijack names, create fake tokens and ride the hype. It also shows how non crypto developers can get pulled into chaos they never asked for. Peter Steinberger’s message is simple. Moltbot is an AI project, not a coin. He wants builders, not speculators. His story is another reminder for traders to check facts and verify developers before touching any new token.