Moltbot founder denies involvement in meme coins after scammers exploit Clawdbot rebrand

Source Cryptopolitan

Peter Steinberger, the developer who previously built PSPDFKit and is now behind the viral AI assistant Clawdbot, which has now rebranded to Moltbot, took to X to denounce what he described as harassment from “crypto folks” attempting to link him to unauthorized meme coins. 

“Please stop pinging me, stop harassing me. I will never do a coin,” Steinberger wrote, adding that any project listing him as a coin owner is a scam.

The controversy erupted after Anthropic, the company behind Claude AI, forced Steinberger to rename his project from Clawdbot to Moltbot over trademark concerns. During the transition, crypto opportunists seized the organization’s GitHub and X renames, according to Steinberger’s account of events.

Within hours, fake CLAWD tokens and different variations of the rebranded name were created and distributed, with one already having a market cap of over $8.48 million and a trade volume of over $17 million, as seen on GMGN.AI as of the time of writing.

What happened during Clawdbot’s rebranding?

In a post explaining the situation, Steinberger wrote, “Had to rename our accounts for trademark stuff and messed up the GitHub rename, and the X rename got snatched by crypto shills.”

Steinberger later clarified that the name change was not voluntary. “Crypto folks: I was forced to rename the account by Anthropic. Wasn’t my decision,” he stated.

The original Clawdbot account no longer exists, as it seems the X team has taken it down. 

However, it created an opening for individuals promoting cryptocurrency schemes, a development that has caused confusion among the project’s legitimate user base and opened the door for scammers to falsely associate Steinberger with token launches.

Viral project becomes scam magnet

Clawdbot, which Steinberger named after his AI assistant “Clawd,” had achieved remarkable organic growth before the controversy. The open-source project garnered 9,000 GitHub stars within 24 hours of launch and crossed 60,000 stars by day three, making it one of the fastest-growing developer tools in recent memory.

The self-hosted AI assistant allows users to run an AI agent locally with full system access, integrating with multiple messaging platforms, including WhatsApp, Telegram, Slack, and Discord. Its popularity and that of the founder may have made it an attractive target for crypto scammers looking to capitalize on viral technology trends.

However, due to trademark reasons, the project had to be rebranded and is now known as Moltbot.

What is Steinberger saying regarding the project?

The Moltbot founder has made it clear that he would not accept any fees or compensation related to cryptocurrency projects. “You are actively damaging the project,” he told those continuing to associate him with tokens.

The Moltbot project continues under its new branding, though the incident has raised questions about the vulnerability of technology founders to cryptocurrency-related harassment and impersonation.

Steinberger himself has posted an update on the recovery of his GitHub account, clarifying that it was his personal account that was hijacked and has now been recovered. He wrote, “GitHub’s resolved. This only affected my personal account, not the org (messed up the rename).”

He stated that it will take another day to resolve the X account issue, adding that the original X handle is @moltbot and “not any of the 20 scam variations of it.”

Steinberger also informed users that they do not need to do anything for the next release, as the update will work just as before.

The smartest crypto minds already read our newsletter. Want in? Join them.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin To Anchor America Party—’Fiat Is Hopeless,’ Says Elon MuskMusk Pitches Bitcoin As Pillar Of America Party
Author  Bitcoinist
Jul 07, 2025
Musk Pitches Bitcoin As Pillar Of America Party
placeholder
Bitcoin briefly loses 2025 gains as crypto plunges over the weekend.Bitcoin experienced a sharp decline this weekend, briefly erasing its 2025 gains and dipping below its year-opening value of $93,507. The cryptocurrency fell to a low of $93,029 on Sunday, representing a 25% drop from its all-time high in October. Although it has rebounded slightly to around $94,209, the pressures on the market remain significant. The downturn occurred despite the reopening of the U.S. government on Thursday, which many had hoped would provide essential support for crypto markets. This year initially appeared promising for cryptocurrencies, particularly after the inauguration of President Donald Trump, who has established the most pro-crypto administration thus far. However, ongoing political tensions—including Trump's tariff strategies and the recent government shutdown, lasting a historic 43 days—have contributed to several rapid price pullbacks for Bitcoin throughout the year. Market dynamics are also being influenced by Bitcoin whales—investors holding large amounts of Bitcoin—who have been offloading portions of their assets, consequently stalling price rallies even as positive regulatory developments emerge. Despite these sell-offs, analysts from Glassnode argue that this behavior aligns with typical patterns seen among long-term investors during the concluding stages of bull markets, suggesting it is not indicative of a mass exodus. Notably, Bitcoin is not alone in its struggles, as Ethereum and Solana have also recorded declines of 7.95% and 28.3%, respectively, since the start of the year, while numerous altcoins have faced even steeper losses. Looking ahead, questions linger regarding the viability of the four-year cycle thesis, particularly given the increasing institutional support and regulatory frameworks now in place in the crypto landscape. Matt Hougan, chief investment officer at Bitwise, remains optimistic, suggesting a potential Bitcoin resurgence in 2026 driven by the “debasement trade” thesis and a broader trend toward increased adoption of stablecoins, tokenization, and decentralized finance. Hougan emphasized the soundness of the underlying fundamentals, pointing to a positive outlook for the sector in the longer term.
Author  Mitrade
Nov 17, 2025
Bitcoin experienced a sharp decline this weekend, briefly erasing its 2025 gains and dipping below its year-opening value of $93,507. The cryptocurrency fell to a low of $93,029 on Sunday, representing a 25% drop from its all-time high in October. Although it has rebounded slightly to around $94,209, the pressures on the market remain significant. The downturn occurred despite the reopening of the U.S. government on Thursday, which many had hoped would provide essential support for crypto markets. This year initially appeared promising for cryptocurrencies, particularly after the inauguration of President Donald Trump, who has established the most pro-crypto administration thus far. However, ongoing political tensions—including Trump's tariff strategies and the recent government shutdown, lasting a historic 43 days—have contributed to several rapid price pullbacks for Bitcoin throughout the year. Market dynamics are also being influenced by Bitcoin whales—investors holding large amounts of Bitcoin—who have been offloading portions of their assets, consequently stalling price rallies even as positive regulatory developments emerge. Despite these sell-offs, analysts from Glassnode argue that this behavior aligns with typical patterns seen among long-term investors during the concluding stages of bull markets, suggesting it is not indicative of a mass exodus. Notably, Bitcoin is not alone in its struggles, as Ethereum and Solana have also recorded declines of 7.95% and 28.3%, respectively, since the start of the year, while numerous altcoins have faced even steeper losses. Looking ahead, questions linger regarding the viability of the four-year cycle thesis, particularly given the increasing institutional support and regulatory frameworks now in place in the crypto landscape. Matt Hougan, chief investment officer at Bitwise, remains optimistic, suggesting a potential Bitcoin resurgence in 2026 driven by the “debasement trade” thesis and a broader trend toward increased adoption of stablecoins, tokenization, and decentralized finance. Hougan emphasized the soundness of the underlying fundamentals, pointing to a positive outlook for the sector in the longer term.
placeholder
Gold rises on softer US Dollar, traders await Trump's address on Iran warGold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling geopolitical tensions in the Middle East.
Author  FXStreet
Yesterday 01: 20
Gold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling geopolitical tensions in the Middle East.
placeholder
Silver Price Forecast: XAG/USD falls to near $72.00 amid fading safe-haven demandSilver price (XAG/USD) continues to lose ground after registering tiny losses in the previous day, trading around $72.90 during the Asian hours on Thursday. The safe-haven demand for the precious metal fades amid rising optimism over Middle East peace.
Author  FXStreet
Yesterday 08: 19
Silver price (XAG/USD) continues to lose ground after registering tiny losses in the previous day, trading around $72.90 during the Asian hours on Thursday. The safe-haven demand for the precious metal fades amid rising optimism over Middle East peace.
placeholder
Gold retreats sharply from two-week top/$4,800 as Trump’s Iran comments boost USDGold (XAU/USD) witnessed an intraday turnaround from the $4,800 mark, or a fresh two-week high set earlier this Thursday, and for now, seems to have snapped a four-day winning streak amid resurgent US Dollar (USD) demand.
Author  FXStreet
Yesterday 07: 03
Gold (XAU/USD) witnessed an intraday turnaround from the $4,800 mark, or a fresh two-week high set earlier this Thursday, and for now, seems to have snapped a four-day winning streak amid resurgent US Dollar (USD) demand.
goTop
quote