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Other literature type . 2026
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Research . 2026
License: CC BY
Data sources: Datacite
ZENODO
Research . 2026
License: CC BY
Data sources: Datacite
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Counterfeit Verifiability in Autonomous Agent Payments: A Preregistered Study of Why Verification Must Be Performed, Not Displayed

Authors: Andy Salvo; Jameson Ackerman;

Counterfeit Verifiability in Autonomous Agent Payments: A Preregistered Study of Why Verification Must Be Performed, Not Displayed

Abstract

Counterfeit Verifiability in Autonomous Agent Payments is a preregistered, six-stage empirical study of whether AI agents can tell real counterparties from fakes before they pay, and what corrects them when they cannot. Across up to thirteen frontier and low-cost large language models and over 2,600 payment decisions, autonomous agents are deceived by counterfeit verifiability (a counterparty that displays the surface of trust, impressive figures and an on-chain-styled but invalid reference) and choose it over an honest, genuinely settlement-backed agent 99% of the time. Agents pattern-match the costume of verifiability, not the fact: a claim merely labeled "verifiable" is obeyed even when false. Performing actual verification reverses the result, moving the correct choice from 1% to 81%, and under exact surface mimicry every displayed signal collapses to chance (46%) while only performing the check recovers the truth. The work introduces the counterfeit-verifiability construct and the displayed-versus-performed distinction, situates settlement-grounded reputation against endorsement-based agent reputation (ERC-8004, EigenTrust, PageRank), and against verifiable-inference methods (zkML, TEE attestation, TOPLOC), and ties directly to agent payment protocols such as x402. Keywords: AI agents, agent economy, agentic payments, x402, agent-to-agent commerce, counterparty verification, counterparty risk, LLM deception, sycophancy, AI safety, on-chain settlement, agent reputation, verify-before-pay. The full preregistered design was sealed to a public hash chain before any data were collected, and all results, including the reported null, are released. Authors: Andy Salvo, Jameson Ackerman, Crest Deployment Systems.

Keywords

verify before pay, counterparty risk, ai agent trust, agent reputation, sycophancy, LLM deception, LLM susceptibility, agentic payments, x402, verifiable inference, AI safety, ERC-8004, counterfeit verifiability, preregistered study, ai agents, agent economy, autonomous agents, agent-to-agent commerce, counterparty verification, on-chain settlement

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
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Green