JPMorgan Chase is suing customers who allegedly defrauded the bank by taking advantage of a technical glitch that allowed them to withdraw funds from ATMs before a check bounced. This "infinite money glitch" went viral on social media platforms like TikTok. The bank filed lawsuits in multiple federal courts, targeting individuals who withdrew the highest amounts. The lawsuits are likely the first step in a wave of litigation aimed at recovering stolen funds, signaling that JPMorgan will not tolerate fraud.
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Oct 29 202414 mins