Evin McMullen, CEO and co-founder of Billions, wrote in CoinDesk that while the recent theft of $320 million on the blockchain is a large sum, such losses are recoverable because fund flows are publicly traceable and attackers may negotiate for their return. However, damage caused by identity information leaks is irreparable. For example, the user names, phone numbers, and home addresses of hardware wallet manufacturers like Trezor were leaked, and once this information is exposed, it cannot be easily changed. McMullen warned that the current "honeypot" architecture, which conflates identity verification with data collection, if applied to billions of AI agents, would lead to massive identity leakage risks. He called for the industry to adopt "proof without submission" technology to protect user privacy.