Asia faces scam ‘epidemic’ threat as gangs exploit agentic AI, analyst warns

AI agents could make today's billion-dollar crypto hacks look like 'pennies,' industry leaders warn

Industry leaders warn AI agents could scale crypto attacks from today's "penny" bridge hacks to simultaneous mass targeting—orders of magnitude worse. Without governance constraints, clear liability rules, and LLM-hallucination fixes, deploying agentic AI in fintech becomes an unmanageable security and compliance risk.