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  Industry News  

Rebuilding Trust in AI: The Power of Effective Governance

Industry News

Rebuilding Trust in AI: The Power of Effective Governance

SecuredyouadmSecuredyouadm—May 5, 20250
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“U.S. Secret Service Busts Russian Crypto Exchange Website”

The U.S. Secret Service recently made a significant move in the world of cryptocurrency by seizing the website of the Russian Garantex Crypto Exchange. This action was taken as part of a larger effort to crack down on illegal activities in the digital currency market. The Garantex Crypto Exchange has been under investigation for potential involvement in money laundering and other illicit activities, prompting the Secret Service to take swift and decisive action.

The seizure of the Garantex website has sent shockwaves through the cryptocurrency community, as it serves as a reminder that authorities are cracking down on illegal activities in the digital currency market. The Secret Service’s move is part of a broader effort to ensure that the digital currency market remains a safe and secure space for legitimate users. This action also serves as a warning to other exchanges that may be engaging in illegal activities, signaling that authorities are closely monitoring the industry.

The Garantex Crypto Exchange is just one of many exchanges that have come under scrutiny in recent years for potential involvement in illegal activities. As the digital currency market continues to grow and evolve, authorities are working diligently to stay one step ahead of criminals who seek to exploit the system for their own gain. The seizure of the Garantex website is a clear indication that law enforcement agencies are committed to maintaining the integrity of the digital currency market.

In the wake of the Garantex website seizure, the cryptocurrency community is left wondering what the future holds for the exchange and its users. While the investigation is ongoing, it is clear that authorities are taking a strong stance against illegal activities in the digital currency market. This action serves as a reminder that users must exercise caution when engaging in digital currency transactions and ensure that they are using reputable and legitimate platforms.

Overall, the seizure of the Garantex Crypto Exchange website by the U.S. Secret Service highlights the growing importance of regulation and oversight in the digital currency market. As authorities continue to crack down on illegal activities, users must remain vigilant and take steps to protect themselves from potential scams and fraud. This action serves as a warning to those who seek to exploit the digital currency market for illicit purposes, signaling that law enforcement agencies are prepared to take swift and decisive action to maintain the integrity of the industry.

March 7, 2025



In the face of ambiguous threats and unpredictable behavior patterns, global trust in artificial intelligence (AI) has become increasingly complex. Ulla Coester, a project director at Fresenius University of Applied Sciences, emphasizes the importance of establishing adaptable governance to foster a shared understanding and consistent expectations for responsible AI development across societies. Coester suggests that governance must be flexible to accommodate the evolving nature of AI behavior, posing a critical question: “What is at risk of being undermined – trust in AI or the trust in society’s resilience and self-understanding?” She highlights the EU AI Act as a pivotal measure for guiding the direction of AI development.

The pursuit of aligning AI with global values necessitates cross-disciplinary collaboration. Coester insists that ethical evaluation should commence with assessing the AI solution’s criticality level. From this foundation, teams must develop strategies that consider cultural and regulatory variances from the outset. Such collaboration ensures that the development of AI technologies is aligned with a broad spectrum of ethical and societal values, promoting more inclusive and responsible AI deployment.

During a video interview at the RSAC Conference 2025 with Information Security Media Group, Coester further elaborated on several key themes. She stressed that trust in AI is contingent upon societal expectations as much as it is on technological advancements. Moreover, Coester discussed the EU AI Act’s significant role in establishing common governance principles that guide ethical AI development. She also outlined how interdisciplinary teams are crucial in ensuring that AI initiatives adhere to both ethical and legal standards.

Coester’s work is centered on cultivating corporate cultures that harmonize with a company’s ethical standards and the broader societal expectations in the digital transformation era. Her approach includes offering targeted support for digitalization projects, with a particular focus on AI-driven applications. By incorporating ethical considerations into these projects, Coester aims to enhance user acceptance and trust in AI technologies, thereby fostering a more ethical and sustainable digital future.

Through her insights and initiatives, Coester underscores the necessity of integrating ethical design and governance in AI development. By addressing both technological and societal dimensions, she advocates for a balanced approach to AI, one that not only advances technological capabilities but also reinforces societal trust and ethical integrity.

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