in this video I'll explain why there are lines forming outside Chase Bank ATMs and how this led to viral videos memes and jokes on social [Laughter] media recently rumors about a glitch with Chase Bank ATMs and online banking have been spreading rapidly on social media and messaging platforms posts showing users balances have been popping up on Twitter Instagram and Tik Tok these posts claim that due to a serious technical glitch at Chase customers can instantly withdraw up to $50,000 or even $100,000 in cash just by using an ATM or making a transfer without needing authorization and with no consequences naturally this caused a huge stir with scammers on social media promoting this glitch and bragging about their balances steady to find I wanted debunk some of the myths and fake news circulating online for example there's a rumor that a Chase employee confirmed the glitch is real this is fake no chase Insider has confirmed such a glitch another rumor says you can easily take out $50,000 $100,000 with no consequences this is also false Banks quickly detect errors and will swiftly recover the funds leaving you with massive debt and legal trouble bro what the man I know I shouldn't L to this [ __ ] man what the bro bro told me tap in Bro think twice before rushing to your nearest Chase Bank to try and exploit this supposed glitch Chase has quickly caught onto the issue and is promptly fixing errors and glitches people attempting to take advantage of this are now facing 7-Day delays or extreme negative balances some reportedly in the tens of thousands I want to remind you that similar glitches have happened before with cash app where people could transfer large amounts of money they didn't have and with door Dash where customers could order anything they wanted without being charged in both cases the charges were eventually applied and people were forced to pay back their debts let's talk about the chase so two things been going on with Chase um from what I GA one is if you have a Chase account and you have a car [Music]