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AIBeInCrypto

AI Agents Made 6.4 Million Payments. Why Won’t Institutions Trust Them?

By Brian McGleenon

In May 2026, a public post carrying Morse-coded instructions caused an AI-linked wallet to send $175,000. Roughly 80% was recovered. The transfer was valid on-chain, yet the software had accepted instructions from a source it should never have trusted. The incident captures a major obstacle to autonomous finance: how…

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