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JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’
JPMorgan Chase, a prominent U.S. banking institution, has reportedly filed legal actions against a number of customers who supposedly exploited an ‘infinite money glitch’.
To provide some context, glitches in digital banking systems occasionally cause anomalies that can be exploited by tech-savvy individuals to gain monetary advantage. These ‘glitches’ can inadvertently grant unlimited access to funds, thus turning into an ‘infinite money glitch’. In this case, these customers allegedly abused such a glitch to steal thousands of dollars from JPMorgan.
Now, the bank is attempting to recuperate their loss by taking legal action. By doing so, they aim to relay a message that any attempt to manipulate the system or unlawfully acquire funds will not go unpunished.
This move can also be seen as a way to discourage other potential hackers from similar unethical actions. While it’s unknown what the outcome of these lawsuits will be, this action definitely signifies a firm stance against financial fraud.