Featured · Lead Story payments-infrastructure

In the Zelle Lawsuit, Everything Turns on One Slippery Word: 'Authorized'

A New York judge just let the state's fraud case against Zelle's operator proceed. Strip away the headlines and the whole fight, and the billion dollars riding on it, comes down to what 'authorized' means when a person is tricked into sending money themselves.

ByKen Anderson
PublishedAugust 25, 2026
Read time5 min

All posts

8 entries
··5 min
payments-infrastructureauthority

In the Zelle Lawsuit, Everything Turns on One Slippery Word: 'Authorized'

A New York judge just let the state's fraud case against Zelle's operator proceed. Strip away the headlines and the whole fight, and the billion dollars riding on it, comes down to what 'authorized' means when a person is tricked into sending money themselves.

ByKen Anderson
··7 min
authoritysecuritycapital-markets

Custody Was Never About the Key

A firmware flaw let attackers guess the keys to thousands of hardware wallets without ever touching them. The people who lost funds did self-custody exactly right. The lesson is not that self-custody is foolish or that custodians are safer. It is that reducing custody to possession of a single secret throws away everything custody is actually made of.

ByKen Anderson
··7 min
payments-infrastructuretrusted-executionatomic-settlementmoney-movementdecentralizationagentic-commerce

Does the Future of Money Need an Operator? A Third Answer.

Visa says the future of money still needs a trusted operator in the middle. Crypto says it needs global validator consensus instead. Both are answering the wrong question.

ByKen Anderson
··2 min
securityinfrastructurehardware

Conduit OS: Secure Appliance Infrastructure for the Conduit Network

How Conduit OS delivers a hardened, attestable operating environment for appliance operators, enabling verifiable compute across financial services and public sector deployments.

ByConduit Team
··2 min
educationsecuritydecentralization

Computable Contracts: What Engineering Teams Need to Know

A technical introduction to Computable Contracts: how they differ from smart contracts, the primitives they expose, and how engineering teams integrate them into existing workflows.

ByConduit Team
··10 min
securityhardwareinfrastructure

How Cybersecurity Gaps in Layer-One Crypto Networks Threaten Real-World Asset Tokenization

Why the cybersecurity posture of many layer-one networks falls short of enterprise finance standards, and what that gap means for tokenizing real-world assets at scale.

ByMichael Hiles
··5 min
infrastructuredecentralizationsecurity

Core Internet Services (Part 1)

A vision for a cohesive, secure digital ecosystem: a synergistic suite of core internet services spanning accounting, data, finance, identity, and resources.

ByConduit Network
··4 min
educationdecentralizationinfrastructure

Conduit: Powering a Community-Driven Digital Renaissance

How Conduit reimagines the internet as a participant-owned network, letting people host, secure, and monetize digital assets while keeping privacy and control.

ByConduit Network