JPMorgan Sues Customers For Stealing Money By Exploiting ATM Glitch

JPMorgan is investigating thousands of potential cases related to the “infinite money glitch,” in August, but has not revealed the extent of the losses involved. (Credit: Reuters)

JPMorgan Chase has sued some customers for check fraud, alleging they exploited a temporary technical glitch to withdraw funds improperly.

The glitch, which went viral on TikTok and other social media platforms in late August, allowed customers to deposit large checks at ATMs and withdraw funds immediately before the checks were cleared. This resulted in withdrawals despite the checks bounced later, Reuters reported.