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OpenClaw Bans All Crypto Mentions On Discord After $16M Fake Token Nearly Killed The Project

OpenClaw Bans All Crypto Mentions On Discord After $16M Fake Token Nearly Killed The Project

Peter Steinberger, the Austrian developer behind OpenClaw - an open-source AI agent framework that surpassed 200,000 GitHub stars after launching in late January 2026 - has imposed a blanket prohibition on any cryptocurrency discussion in the project's Discord.

The ban follows a January incident in which crypto scammers hijacked his accounts during a rebrand, launched a fake token that briefly hit $16 million in market cap, and subjected him to weeks of harassment.

Steinberger confirmed the rule publicly after a user was banned simply for mentioning Bitcoin in a technical context.

"We have strict server rules," he wrote on X. "No crypto mention whatsoever is one of them."

What Happened

The crisis began on Jan. 27, 2026, when Anthropic sent a trademark notice over the project's original name, Clawdbot, citing similarity to its Claude model. Steinberger agreed to rebrand immediately.

In the roughly 10-second window between releasing his old GitHub and X handles and claiming new ones, scammers with automated bots seized both accounts.

They used the hijacked accounts to promote a fake token called $CLAWD on Solana (SOL), which reached $16 million in market capitalization within hours. When Steinberger publicly denied involvement, the token crashed more than 90%, wiping out late buyers while early snipers kept their profits.

"I will never do a coin," he wrote on X. "Any project that lists me as coin owner is a SCAM. You are actively damaging the project."

He later told Lex Fridman he came close to deleting the entire project.

Read also: Bitdeer Hits Zero Bitcoin Holdings - Sold Every Coin It Mined While Raising $300M In Debt

The Security Fallout

The episode exposed deeper vulnerabilities. Blockchain security firm SlowMist and independent researchers found hundreds of OpenClaw instances publicly accessible with no authentication.

Separately, researcher Paul McCarty identified 386 malicious "skills" - add-on scripts for OpenClaw agents - on the project's official repository between Feb. 1–3, most impersonating cryptocurrency trading tools targeting ByBit, Polymarket, and Axiom users.

A single attacker accumulated nearly 7,000 downloads before the skills were flagged.

Steinberger has since joined OpenAI to lead its personal agents division, with OpenClaw transitioning to an independent open-source foundation. The crypto ban on Discord remains in place.

Read next: Cartels Swapped Middlemen For Crypto Gig Workers - And Authorities Can't Keep Up

Disclaimer and Risk Warning: The information provided in this article is for educational and informational purposes only and is based on the author's opinion. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency assets are highly volatile and subject to high risk, including the risk of losing all or a substantial amount of your investment. Trading or holding crypto assets may not be suitable for all investors. The views expressed in this article are solely those of the author(s) and do not represent the official policy or position of Yellow, its founders, or its executives. Always conduct your own thorough research (D.Y.O.R.) and consult a licensed financial professional before making any investment decision.
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