Get the latest tech news

JPMorgan is suing customers accused of theft in viral 'infinite money glitch'


JPMorgan is investigating thousands of cases related to the glitch, which highlights the risk that social media can amplify vulnerabilities found at a bank.

JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw funds before a check bounced. The bank on Monday filed lawsuits in at least three federal courts, taking aim at some of the people who withdrew the highest amounts in the so-called infinite money glitch that went viral on TikTok and other social media platforms in late August. JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw funds before a check bounced.

Get the Android app

Or read this on r/technology

Read more on:

Photo of Customers

Customers

Photo of JPMorgan

JPMorgan

Photo of theft

theft

Related news:

News photo

New iPad Mini 7 Models Begin Arriving to Customers in Australia and New Zealand

News photo

Steam Deck won't have yearly refreshes because it's "not really fair to your customers", says Valve

News photo

JPMorgan Expects South Africa IPO Surge on Economic Optimism