Students Make Off With Millions After Ethiopian Bank Glitch | Vantage with Palki Sharma

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Students Make Off With Millions After Ethiopian Bank Glitch | Vantage with Palki Sharma


Students Make Off With Millions After Ethiopian Bank Glitch | Vantage with Palki Sharma

A technical glitch affected Ethiopia’s largest bank on Friday night. The bank was letting customer withdraw money even after their accounts were empty. College students in Ethiopia discovered and exploited the glitch, making off with 42 to 105 million…

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21 Comments

  1. The incompetence of the current administration shows in every aspect of Ethiopia today. There is no accountability in eth for those responsible otherwise you would see the bank’s president resign or something but not in Eth

  2. It's easy. Lock all accounts that were active in large transactions between friday night and saturday morning until the investigation is complete. They will trace and return 95% of the stolen money this way. What's all this stupid "return the money we won't sue you" bullshit

  3. Not really lifetime worth of instant noodles but lifetime worth of stress.

    The bank doesn’t joke around with money. Some went to jail and got released when they paid it back and other are now in dept to the bank and unless they pay it they’ll serve jail time.

    The bank also took the back money directly from their accounts of students.

    You don’t know how much a lot regretted what they did.

  4. A lot who used ATMs went to jail and paid it back and got released.
    Those who didn’t use ATM the bank withdrew the money directly from their account and those who transferred the money into other accounts or other banks they are now in dept to the bank until they pay it back otherwise they’ll serve jail time.

  5. I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.