Question: What the hell does Venmo do that Paypal already doesn’t? “Sharing money between friends”? I did that exact thing when a friend had to give me money so I could buy something for him while he was away. Used it to have someone send money to me so I could take it out of the one ATM we had in town that I could…

Came here to say this. Venmo is just the vehicle, the thieves already have the bank account details needed to set up their own venom accounts.

This sounds more like someone getting a hold of someone’s bank details and using Venmo as a vehicle to get the money out of the account than Venmo being willfully malicious.