Gate News message, April 17 — The Securities Industry and Financial Markets Association (SIFMA) sent a letter to U.S. Treasury Secretary Bessent yesterday (April 16), urging action to protect American investors from cybersecurity risks posed by Anthropic’s Mythos artificial intelligence model to the Securities and Exchange Commission’s Consolidated Audit Trail (CAT) system.
SIFMA stated that Mythos could enable bad actors to attack the CAT database, potentially facilitating large-scale identity theft, exposing individual trading portfolios, and amplifying systemic financial risks. The association called on Bessent to immediately halt the collection of retail traders’ personal identification information in the database and demanded the destruction of personal trading data already collected by CAT.
The CAT system has been used by the SEC for market surveillance and investigation of suspicious trading activity.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Oracle Secures $16B Data Center Financing for Michigan Project
Oracle has completed a $16 billion data center financing deal, according to a statement from data center developer Related Digital. The funding will support construction of a data center campus in Saline, Michigan, where Oracle will serve as the anchor tenant, combining equity investments from Relat
CryptoFrontier23m ago
Paytm Shares Drop After RBI Cancels Banking License Over Compliance Violations
Gate News message, April 27 — Shares of Paytm, an Indian payments and financial services company, fell as much as 8.4% before paring losses to around 3.5% after the Reserve Bank of India (RBI) canceled the banking license of Paytm Payments Bank last week. The RBI said the bank had faced
GateNews24m ago
Xizhi Technology-P IPO Shares Surge Over 360% on Gray Market, Gains Narrow to 320%
Gate News message, April 27 — Xizhi Technology-P (01879.HK), a Hong Kong-listed AI chip company, saw its shares surge over 360% on the gray market (dark market) earlier today, though gains have since narrowed to 320%.
The stock is trading ahead of its official Hong Kong IPO
GateNews34m ago
Ohio State Teachers Retirement Fund Increases MSTR Holdings to 93,570 Shares
Gate News message, April 27 — Ohio State Teachers Retirement Fund disclosed a purchase of 5,881 shares of MSTR (MicroStrategy), bringing its total holdings to 93,570 shares valued at approximately $16 million.
According to BitcoinTreasuries.NET, the increase reflects the fund's continued
GateNews34m ago
Acko Plans $250M IPO by June 2026 at $2B Valuation
Acko, a Bengaluru-based online insurer, plans to confidentially file for an IPO by June 2026 to raise approximately US$250 million at a valuation between US$2 billion and US$2.5 billion, according to The Economic Times. Morgan Stanley, Kotak Securities, and ICICI Securities have been appointed as
CryptoFrontier54m ago
