I feel like every time someone has ever written a phrase like this (from @matt_levine's newsletter) they get surprised at how creative people can get with e.g. for loops and Maliciously Compliant Capital MMCCXVII, LLC.pic.twitter.com/ubzVvxN7HC
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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.")
Wow I’ve always wondered if that’s possible
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