JPMorgan Chase has escalated legal efforts to recover losses from last year’s viral infinite money glitch, according to CNBC. The bank filed new lawsuits in state courts against customers accused of stealing under $75,000. The glitch went viral on social media in August and enabled customers to withdraw funds from fraudulent checks before they bounced. JPMorgan is weighing legal action to challenge bankruptcy attempts by individuals accused of exploiting the glitch.
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00:00it's benzinga bringing wall street to main street jp morgan chase has escalated legal efforts to
00:05recover losses from last year's viral infinite money glitch according to cnbc they filed new
00:10lawsuits in state courts against customers accused of stealing under 75 000 which went viral on
00:15social media in august and enabled customers to withdraw funds from fraudulent checks before they
00:20bounced jp morgan is weighing legal action to challenge bankruptcy attempts by individuals
00:24accused of exploiting the glitch for all things money visit benzinga.com gstv