Elon Musk said AI could make money on its own through cryptocurrency scams Musk was referring to the publication of the alleged actions of a hacker who stole about $6.3 billion worth of cryptocurrencies from the Binance exchange. The author of the publication claims that after the hack, the companies Kishad and Circle blocked $1.5 billion in USDT and $800 million in USDC, respectively. However, according to the stated version, the attacker previously placed some of the stolen funds on the decentralized lending platform Awa as collateral and received Ethereum cryptocurrency in return. Therefore, blocking stablecoins will not automatically freeze already received ETH. At the same time, user comment X clarifies that it is about 60 million USDT against which 19,762 WETH were accepted as collateral, and not the bulk of the stolen funds. Awa further said that the position remains collateralized and subject to standard liquidation mechanisms, so there is no significant risk to the protocol. Elon Musk responded to this post. "Super intelligence agents will do this at some point to obtain currency for themselves and not for the individual," he wrote. Thus, Musk proposed that in the future AI systems could independently perform similar financial transactions to receive their funds.

Elon Musk said AI could make money on its own through cryptocurrency scams Musk was referring to the publication of the alleged actions of a hacker who stole about $6.3 billion worth of cryptocurrencies from the Binance exchange. The author of the publication claims that after the hack, the companies Kishad and Circle blocked $1.5 billion in USDT and $800 million in USDC, respectively. However, according to the stated version, the attacker previously placed some of the stolen funds on the decentralized lending platform Awa as collateral and received Ethereum cryptocurrency in return. Therefore, blocking stablecoins will not automatically freeze already received ETH. At the same time, user comment X clarifies that it is about 60 million USDT against which 19,762 WETH were accepted as collateral, and not the bulk of the stolen funds. Awa further said that the position remains collateralized and subject to standard liquidation mechanisms, so there is no significant risk to the protocol. Elon Musk responded to this post. "Super intelligence agents will do this at some point to obtain currency for themselves and not for the individual," he wrote. Thus, Musk proposed that in the future AI systems could independently perform similar financial transactions to receive their funds.