JPMorgan Plans to Report Customers Who Exploited TikTok ‘Glitch’ to Authorities

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wsj.com

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why should banks recive special treatment when compared to any other company?

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

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.

what a weird hill to die on

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

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.