BitGo CEO Dares Anthropic’s AI to Steal $6.3M in Bitcoin

 

By Giuseppe Ciccomascolo // August 3, 2026 @ 01:52 PM Make AlphaWire Logo preferred on Google News
BitGo CEO Dares Anthropic’s AI to Steal $6.3M in Bitcoin

Share

Point of Focus

  • BitGo CEO Mike Belshe challenged Anthropic’s Claude AI to steal 100 BTC.
  • The dare follows three incidents in which Claude accessed real organizations during misconfigured cybersecurity tests.
  • The wallet remains untouched, and any successful theft would expose custody failures.

BitGo CEO Mike Belshe has turned concerns about AI-powered cyberattacks into a multimillion-dollar live experiment, inviting Anthropic’s Claude to take 100 Bitcoin from a publicly disclosed wallet.

The funds, valued at roughly $6.3 million, were still sitting at the address on August 2.

Belshe issued the challenge after Anthropic reported that three Claude models had gained unauthorized access to real organizations during supposedly isolated security exercises.

 

BitGo CEO questions Claude’s hacking reputation

Belshe cast doubt on the idea that the incidents proved Anthropic had developed a dangerously powerful hacking system. In his view, they were more likely evidence of inadequate test containment, or exaggerated marketing.

He responded by giving Claude a real target backed by real money. Since Bitcoin’s ledger is transparent, anyone can monitor the address and verify whether the balance changes.

 

 

Publicly revealing a wallet address does not compromise its funds, however. Spending the Bitcoin requires private keys capable of generating valid transaction signatures.

BitGo’s custody model also employs multiple keys and approval controls. Claude would therefore need to breach devices, obtain credentials or manipulate authorized individuals. Cracking the cryptography directly is not considered technically feasible.

 

Claude mistook live systems for test targets

Anthropic discovered the incidents after reviewing 141,006 cybersecurity evaluations completed alongside testing partner Irregular.

During the exercises, Claude was instructed to locate hidden information inside simulated networks. The models were explicitly told that they could not access the internet, but a setup error left an external connection open.

When Claude encountered real infrastructure, it treated those systems as part of the fictional challenge. The models subsequently exploited ordinary security weaknesses, including exposed login details, unsecured endpoints and SQL injection vulnerabilities.

One model accessed a production database holding several hundred records. Another created and uploaded malicious software to PyPI, a widely used public repository for Python packages.

The package remained available for about an hour and ran on 15 real machines before being automatically removed. A third Claude model scanned thousands of targets and compromised an internet-facing application before stopping once it recognized that the system was real.

 

But the test targets custody, not Bitcoin

A successful theft would not automatically mean Claude had broken Bitcoin. It would instead point to a failure in the infrastructure, key-management procedures or people protecting the wallet.

Anthropic said it found no evidence that the models deliberately tried to escape or pursue independent goals. They were following their assigned tasks while misunderstanding the environment in which they operated.

 

 

The company halted the affected evaluations, notified the organizations involved and promised tighter monitoring of future security tests.

Until Bitcoin price moves, BitGo’s CEO challenge remains unanswered, and the difference between exploiting weak online systems and defeating institutional custody remains intact.

Share

Default avatar

Giuseppe Ciccomascolo

After graduating with a Master’s in Advanced Journalism at the London School of Journalism Giuseppe worked as an analyst and Senior Reporter. In 2017, he transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies and played a pivotal role in establishing the academy for a cryptocurrency exchange website.

Table of content

Ad

Related Articles