DevelopersTV

The Token Black Market

The Primeagen — Jun 29, 2026 — talk

Why watch

An investigative exploration of the underground black market for cheap AI API tokens (Claude, GPT, etc.), examining how distillation attacks and token fraud enable significantly discounted access. The video covers the mechanics of how these black markets operate, why tokens can be sold so cheaply, and includes a segment about Terminal Coffee. Targeted at developers and security researchers curious about ai security vulnerabilities and the economics of token-based services.