• aStonedSanta@lemm.ee
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          4 months ago

          Special treatment? They were being stolen from. Just because the money wasn’t in a vault doesn’t mean you can just steal it…???

          • desktop_user@lemmy.blahaj.zone
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            4 months ago

            if there’s a button that says “free money (don’t press)” and you press it’s absolutely the fault if the company for leaving the button out in public. It should be expected that any user input can and will be abused.

              • desktop_user@lemmy.blahaj.zone
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                4 months ago

                I just hate governments defending companies from the consequences of their own incompetence without properly buying them entirely

                • TheRealKuni@lemmy.world
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                  3 months ago

                  What incompetence? There’s a balance that has to be found between fraud-proof and convenient, and the current balance is pretty good until someone convinces thousands of gullible people online to go commit fraud.

          • ThatWeirdGuy1001@lemmy.world
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            4 months ago

            Idk sounds like something a major banking company should never have let be possible in the first place.

            Sounds like they should eat that loss for not catching it or fixing it sooner.

            That’s what happens to normal people who fall for exploits/scams. They just have to eat the loss.

    • TheRealKuni@lemmy.world
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      3 months ago

      the companies shouldn’t have allowed it to happen, JPMorgan was aiding in check fraud

      If I’m understanding what happened correctly, this is mistaken.

      Banks let you deposit checks, and optionally make the funds available to you immediately because they trust you (sometimes for a small fee).

      If you deposit a bad check, pay the service fee, withdraw the amount, and then fuck off with the cash, that’s not a glitch. That’s just you committing check fraud.

      Sometimes people NEED to get the cash the same day they deposit the check. This is a legitimate function of banking and we shouldn’t be blaming the company when people take advantage of it.

      We should be blaming the trolls who spread this “glitch” and tricked rubes into committing fraud. And perhaps whoever was responsible for raising and educating said rubes.