A state-owned bank is clawing back millions of dollars from customers after a “routine system update” allowed people to take out more money than they had in their accounts. The Commercial Bank of Ethiopia (CBE) says $14 million was drained in a matter of hours as news of the bank’s malfunctioning system spread quickly among […]

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The post Bank Lets Customers Withdraw More Than Available Balance, Triggering $14,000,000 Exodus in Matter of Hours: Report appeared first on The Daily Hodl.
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