I was a member of various demo groups/cracking groups and I experienced all sorts of oddness. People wanting arranged fights because they thought their code was better !?
In the UK, if a company owner (Director) files for bankruptcy (Administration) then their conduct is investigated by the trustee and a report is sent to the Department of Trade and industry.
If anything is found, said owner can potentially be held liable for debts, or at the very least be disqualified from running a LLC again.
However, the owner can just then declare themselves bankrupt and escape making any payments, and use a puppet director in their next venture.
Not sure why this is being down-voted as it is essentially true.
Large banks do have bugs, and sometimes even admit it. [0][1]
The fractional reserve system basically means if there is a problem, you need to be the first at the counter. If you are not, you will only get a certain amount of money back.
The money is really in the "App Stores" as such.