TLDR
- Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent convened an emergency session with major banking executives regarding Anthropic’s Mythos AI system
- The AI model possesses capabilities to detect and weaponize security flaws in all mainstream operating systems and web browsers
- Senior executives from Goldman Sachs, Bank of America, Wells Fargo, Citigroup, and Morgan Stanley participated in the briefing; Jamie Dimon of JPMorgan was absent
- Approximately 40 technology firms, including Google and Microsoft, have controlled access through “Project Glasswing”
- Cryptocurrency and DeFi security specialists warn about potential threats to decentralized systems and smart contract infrastructure
Top U.S. financial regulators convened an emergency session with Wall Street’s most powerful banking executives this week to address cybersecurity threats emerging from Anthropic‘s recently unveiled AI system, Mythos.
Anthropic Model Scare Sparks Urgent Bessent, Powell Warning to Bank CEOs
US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell held an urgent meeting with Wall Street leaders to address cybersecurity risks linked to Anthropic’s Mythos AI model. Bank CEOs… pic.twitter.com/1ojYAJOztU— CN Wire (@Sino_Market) April 10, 2026
The closed-door session occurred Tuesday at the Treasury Department’s Washington headquarters. Federal officials sought to ensure that major financial institutions comprehend the security implications of Mythos and implement appropriate defensive measures.
Leading executives from five of America’s largest financial institutions attended the briefing: Citigroup, [[LINK_START_2]]Morgan Stanley[[LINK_END_2]], Bank of America, Wells Fargo, and Goldman Sachs. Notably absent was JPMorgan Chase CEO Jamie Dimon, who was unavailable to participate, according to individuals with knowledge of the meeting.
The timing proved fortuitous, as several banking leaders were already in the nation’s capital for unrelated engagements, facilitating rapid coordination of the last-minute summit.
Each participating institution holds designation as a systemically important financial institution (SIFI). Any operational compromise at these organizations could trigger cascading effects throughout international markets and the broader financial ecosystem.
Developed by [[LINK_START_3]]Anthropic[[LINK_END_3]], Mythos represents a fundamentally different type of artificial intelligence platform. Rather than serving consumer applications, this model specializes in cybersecurity analysis and software vulnerability assessment.
What Makes Mythos Different
According to [[LINK_START_3]]Anthropic[[LINK_END_3]], Mythos demonstrates unprecedented ability to discover and leverage security weaknesses spanning all widely-used operating systems and major web browsing platforms.
The system excels at uncovering zero-day vulnerabilities—previously unknown security gaps that exist before developers can create patches. Beyond mere detection, Mythos can construct functional exploits capable of leveraging these discovered weaknesses.
[[LINK_START_3]]Anthropic[[LINK_END_3]] introduced Mythos to a limited audience earlier this week, deliberately withholding broader distribution. Company representatives cited the model’s extraordinary capacity to expose undiscovered security vulnerabilities as justification for restricted deployment.
Current access remains confined to roughly 40 technology corporations, featuring industry giants like Microsoft and Google, through an initiative designated “Project Glasswing.”
[[LINK_START_3]]Anthropic[[LINK_END_3]] officials indicated they proactively conducted briefings with high-ranking government authorities and critical private sector partners regarding Mythos’s technical capabilities prior to any public announcement.
Concerns Extend to Crypto and DeFi
Traditional banking institutions aren’t the only entities facing potential exposure. Cryptocurrency and decentralized finance authorities have voiced alarm regarding Mythos’s possible application against blockchain-based systems and protocols.
Particular concern centers on the AI’s capacity to identify and weaponize zero-day exploits rapidly and economically, potentially compromising decentralized platforms dependent upon smart contract integrity and blockchain security mechanisms.
Separately, [[LINK_START_3]]Anthropic[[LINK_END_3]] finds itself embroiled in litigation with the Department of Defense. The Pentagon has categorized the company as a supply-chain security concern, a determination [[LINK_START_3]]Anthropic[[LINK_END_3]] is actively challenging through legal channels.
Representatives from Goldman Sachs, Wells Fargo, and the Federal Reserve declined to provide statements. The Treasury Department, participating financial institutions, and [[LINK_START_3]]Anthropic[[LINK_END_3]] had not issued responses to media inquiries at publication time.
