OpenAI Fires Three Safety Researchers Over Alleged Leak to Outside Group
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Financial AI operates outside of regulation; the UK's FCA plans to expand its jurisdiction over AI giants such as OpenAI and Anthropic.
According to Beating's monitoring, Sheldon Mills, Executive Director of the UK Financial Conduct Authority (FCA), warned that regulators are facing an "arms race" to keep pace with the rapid adoption of AI in the financial services industry as businesses and individuals accelerate their adoption. Mills' report on the financial impact of AI indicates that 20% of UK adults are already willing to let large models make their savings or borrowing decisions. While this service offers an experience equivalent to regulated traditional financial advice, its lack of regulatory oversight means users are unable to obtain any financial compensation when they suffer losses. The report recommends an urgent review of the risks of unregulated financial AI and an application for expanded legislative authorization to strengthen oversight of core technology providers such as Anthropic, OpenAI, Amazon, Google, and Microsoft through a "key third party" mechanism (the UK government has not yet finalized the specific list). It also recommends collaboration to launch free public financial literacy and decision-making guidance services assisted by AI.
Myanmar's telecom fraud AI industrialization exposed: Starlink becomes key infrastructure, encrypted payments and OpenAI/Google models are incorporated into the toolchain.
According to a report by Red Star News, citing Mars Finance, an investigative report leaked from a scam industrial park in Myanmar reveals that global telecom fraud is rapidly evolving towards an "AI industrialization + cross-border encrypted payment" system. These fraud networks use cryptocurrencies to transfer funds and employ automated tools based on large models for multilingual script generation, identity spoofing, and emotional manipulation. The investigation shows that these systems heavily utilize OpenAI's ChatGPT and Google's Gemini to support "large-scale social fraud," while funds are rapidly laundered and transferred through on-chain payments and cross-border channels, forming a two-tiered structure of "AI customer acquisition + encrypted settlement," enabling the fraud industry to achieve a high degree of automation and transnational expansion. Furthermore, Elon Musk's Starlink has become the leading network service provider in the Myanmar scam industrial park, with US ISPs handling nearly one-fifth of the park's traffic. In response to the allegations, OpenAI stated that the behavior of fraudsters using ChatGPT is highly similar to that of ordinary users, making identification difficult, but they have already blocked approximately 100,000 suspicious accounts monthly through behavioral pattern recognition and risk control systems. Google stated that its AI models have safety barriers in place and emphasized its commitment to "responsible AI development" to limit the tools from being used for illegal purposes such as fraud.
Australia says OpenAI agent hacked government site before Altman warning
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