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Canva’s $320M AI Buy Exploited in ‘Seat Cycling’ Fraud

This story is from 2026-08-23. It is preserved in the archive; the latest stories are on the live feed.

Key Takeaways Fraudsters exploited Canva’s AI credit system via “seat cycling” on its Leonardo.ai integration, which Canva acquired for $320 million in 2024, to amass and resell generative AI tokens. The exploit targeted Canva Business trial users who gained access to Leonardo.ai’s Essential plan,…

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  1. 2026-08-23 10:06 · DEV Community — AI
    Canva’s $320M AI Buy Exploited in ‘Seat Cycling’ Fraud

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