Code & Chain · Signal Desk

AI Cannot Assume Trading Loss Liability; Responsibility Depends on Authorization: Brickken CEO

Original sourceCrypto.news

Summary

Brickken's CEO says liability for losses caused by AI trading agents should be attributed to the authorization granted to the software, not the AI itself, as current law does not recognize AI as a legal entity. Liability may fall under contract law, negligence, product liability, or fiduciary duty,…

Key points

  • Individuals and institutions using AI trading agents need to understand liability allocation to set appropriate controls.
  • The proliferation of AI agents requires clear liability frameworks, affecting legal risks for users, developers, and platforms.
  • Firms will need to design strict authorization and control mechanisms to reduce legal disputes and promote AI agent adoption.

Editorial note

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