Of course, this isn't much of a punishment. The typical punishment for similar GTA Online exploits is a simple wipe of the player's cash store. However, a full account wipe is an escalation in severity compared to what Rockstar has previously done. Normally, cheaters and exploiters wouldn't get so much attention thrown toward their punishment.
RELATED: GTA Online is Giving Players Free In-Game Money Again Tez2 initially reported that 'Rockstar is in process of resetting #GTAOnline characters, progress and inventory of all the players who have done the casino chip glitch.' Rockstar has since confirmed. The report comes from Twitter user Tez2, well-known for tracking Grand Theft Auto Online news and leaked information. They're having their entire Grand Theft Auto Online accounts wiped, from cash to characters.
It's being reported that some Grand Theft Auto Online players who recently took advantage of the so-called 'Casino Chip Glitch' are now facing severe consequences. Rockstar Games clearly takes it very seriously. Some game developers take it more seriously than others, however. Taking advantage of exploits in online video games to cheat or benefit is never welcome.