Bitcoin Red Team founder turns to Chinese AI: ‘It absolutely guts me’

cointelegraphPublished on 2026-08-10Last updated on 2026-08-10

Abstract

A Bitcoin security researcher, Rob Hamilton, states he has been forced to revert to using open-source Chinese AI models after OpenAI restricted his access. As CEO of AnchorWatch, he had begun integrating OpenAI's tools into his work with the Bitcoin Red Team, a volunteer group scanning Bitcoin-related code for vulnerabilities. His access was cut off the next day, preventing further investigation. Hamilton expressed frustration, saying that while malicious actors face no such restrictions, those conducting security research for harm reduction are hindered. This incident highlights a broader concern in the crypto industry about limited access to powerful AI tools for defensive security purposes, with only a select few major players reportedly having obtained such access.

A Bitcoin security researcher says he has been forced to go back to using open-source Chinese AI models after finding himself restricted from analyzing further codebases by OpenAI, highlighting a growing concern that the most capable AI tools aren’t being made available to defenders.

In an X post on Tuesday, AnchorWatch CEO Rob Hamilton said he had begun integrating OpenAI’s Trust & Cyber capabilities into his Bitcoin Red Team work on Saturday, only to find his access restricted the following morning.

“It absolutely guts me as a patriotic American to have to do this, but I will be going back to using Chinese open source models to conduct my research to protect Bitcoin infrastructure,” he added.

Bitcoin Red Team, a group of volunteers, has been using AI tools and human review to scan hundreds of open-source Bitcoin-related repositories for vulnerabilities, with efforts accelerating days after the Coldcard hardware wallet hack, which has seen over $100 million in Bitcoin stolen.

Last month, crypto executives told Cointelegraph that many of crypto’s biggest players are still waiting to gain access to powerful new AI models to strengthen their code from attacks, with only a select few having been able to get it.

“I am now prevented from being able to continue the investigation in a further effort to make sure their code changes are sufficient, as well as understand if there are other issues that have yet to be discovered,” said Hamilton.

“Black hats will not hit these issues. The white hats will. We’ve hit a local minima in policy,” said Hamilton. “Intelligence is unrestricted for those who don’t follow rules, and those who engage in harm reduction are left on the sidelines.”

Related: Crypto firms still seeking frontier AI access; only select few have it

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Related Questions

QWhy did Rob Hamilton switch back to using Chinese AI models for his Bitcoin security research?

ARob Hamilton switched back to using Chinese open-source AI models after his access to OpenAI's capabilities was restricted, preventing him from continuing his vulnerability analysis work for the Bitcoin Red Team.

QWhat is the primary purpose of the Bitcoin Red Team as described in the article?

AThe Bitcoin Red Team is a volunteer group that uses AI tools and human review to scan hundreds of open-source Bitcoin-related code repositories for security vulnerabilities.

QWhat specific event accelerated the Bitcoin Red Team's security efforts recently?

ATheir efforts accelerated following the Coldcard hardware wallet hack, which resulted in over $100 million in Bitcoin being stolen.

QWhat concern does Rob Hamilton express about AI access and cybersecurity in his statement?

AHe expresses concern that powerful AI tools are not being made available to security defenders ('white hats'), while those who break the rules ('black hats') face no such restrictions, creating a disadvantage for those working on harm reduction.

QAccording to the article, what is the general situation regarding access to powerful AI models for crypto firms?

AMany major crypto firms are still waiting to gain access to powerful new AI models to strengthen their code against attacks, with only a select few having been granted access so far.

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