"You couldn't found a company with a for loop, though." I mean, I work for a company which founds a lot of companies and keeps its nose very clean, so I would absolutely never do that and never provide legal advice to someone to attempt doing that clearly possible thing.
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The classic example of this, by the way, is "Verify this bank account with microdeposits." I have read ~3 accounts over the years, on the public internet, of how companies did not model "We'll send you two deposits of between 1 and 99 cents; tell us the numbers" as abusable.
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Do not ship microdeposits without rate limiting and/or sweeping the microdeposit back. It can end very poorly for you.
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(Incidentally, the impact there to the financial institution is ~0% "Oof, we just ate a $50k operational loss" and ~100% "There are now 50 people involved with discussions about our KYC policies with four external stakeholders who are Decisively Not Thrilled.")
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With a family of four there are about 40 permutations that can be created to exploit this. So a 40k trade. Biggest thing is brokerages started to screen for similar addresses. You’d need 40 P.O. Boxes.
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But this is very scalable. And there are plenty of funds doing this along with other supposedly unscalable and too-small-to-trade trades.
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I heard an (admittedly unverified) rumor that a certain challenger bank was forced to retract its "Get £x when a friend signs up with your referral link" after someone took out a Google ad with their link and made £xxx,xxx.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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