
Billions Co-Founder Warns AI Agents Could Expand Digital Identity Risks
Billions CEO Evin McMullen warns that infrastructure for billions of AI agents could reproduce existing digital “honeypots,” emphasizing that compromised identity data may be irreversible even when a stolen cryptocurrency asset can potentially be returned.
CoinDesk
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Evin McMullen, CEO and co-founder of Billions, argues that the systems being built for artificial intelligence agents may repeat the security weaknesses already present in today’s digital environment. In an opinion piece published by CoinDesk on September 16, 2026, McMullen says society continues to create “honeypots” — concentrated stores of valuable information that can attract attackers — while preparing to deploy the same underlying architecture for billions of AI agents. The central distinction in the commentary is between a stolen cryptocurrency asset and compromised personal identity data: a coin may potentially be returned, whereas a leaked identity cannot be recovered in the same way. McMullen’s warning focuses on the permanence of identity exposure as AI-agent infrastructure scales. The piece does not provide a market forecast or a specific proposal for any of the related crypto assets, including ARC, AKE, BILL, ONE, LION and NOT.
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CoinDesk
This is an original Moneyiar brief based on the cited source.
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