A five-year-old firmware flaw led to $112 million in BTC theft. Ireland is tightening AML controls across the gambling sector, and gen AI privacy cases are testing legal boundaries. Hit the comments for the full story. Let me know your thoughts.

NASA’s ISS disposal plan raises questions about space debris liability. Meanwhile, the EU’s AI transparency rules are now in force, and bug bounties uncover hundreds of blockchain vulnerabilities. Hit the comments for the full story.

A $7.5 million crypto exploit raises questions around smart contract approvals, while Meta faces claims that AI led to biased decisions in mass layoffs. Buenos Aires Province also advances its plans to restrict gambling advertising.  Hit the comments for the full story.

Google takes legal action over AI-powered phishing, while Alexey Pertev’s appearance at Dutch Blockchain week revives the debate on developer liability. Google also faces another major copyright lawsuit over AI training. This week's Risk Wrap examines the emerging exposures facing firms in AI, crypto, and gambling sectors. Hit the comments for the full story.

“If ChatGPT were a person… it would be facing charges for murder.” That’s how one regulator framed a new lawsuit against OpenAI — a case that’s pushing AI liability into uncharted territory. This week’s Risk Wrap looks at what that means in practice, alongside new crypto regulation in Pakistan, shifting cannabis compliance across Europe and Israel, changes to the EU AI Act, and tighter gambling rules in Colombia. See the comment section to read the full wrap.

"Stolen funds were laundered through cross‑chain infrastructure before reaching exchanges." That’s the reality behind a wave of large‑scale crypto hacks this year — and it’s exposing how cyber risk, AML failure, and cross‑chain design collide. This week’s Risk Wrap looks at what that means in practice, alongside rising trade‑secret litigation in biotech, growing AI exposure in manufacturing, tighter cannabis sector enforcement, and new signals from Washington on crypto and AI governance. See the comment section to read the full wrap.

“You can't blame it on the box. If you use this technology, you are still accountable for it.” That’s the direction regulators are taking on AI, and it’s already reshaping how risk sits with boards, buyers, and vendors. This week’s Risk Wrap covers what that means in practice, alongside rising crypto crime flows, growing space cyber exposure, and increasing pressure on directors. See comment section to read the full wrap.