Reset glitchers... don't ban, just reset.
I don't care how much you glitched, what you glitched (money, rp, cars) I don't care what excuse you use to justify glitching, you glitch, automatic reset.
You knowingly took advantage of something not meant to be in the game and you glitchers, alone, have set back the DLC, the content creator and heists...
I'd say ban, but I know rockstar doesn't have the balls to do that, so at LEAST, they can reset all your money and stats that you don't deserve to have...
I 'glitched' 4 million in car sales. I'm level 51, and was level 51 before I glitched for the first time, it doesn't build RP. There is no possible way they can take levels away unless it's clearly not possible to have gained that level in the time played.
The only thing they can guarantee from my social club is that I have somehow gained a mass amount of money, an unusual amount, in comparison to missions/races/betting. So the only thing they can possibly do is remove any funds from my GTA account. That's literally it.
As for the actual glitch. The process of doing it is within the game mechanic they provided, we aren't altering any code, or inputing any code to the game. We are just selecting menu bars at specific times. There is literally NOTHING WRONG with that. Especially if you bought the game with your own money.
You say it's not supposed to be in the game. Well, it is actually. The money is supposed to be in the game. Los Santos customs is supposed to be in the game, the pause menu and the character selection screen is supposed to be in the game. It's not our fault somebody has exploited that to gain money in a particular order, it's their own fault for writing sh*tty code.
Nobody is going to get punished. The only thing that can happen is they will add elements to the game. Like cheater badges, or cheater lobbies. And even then they probably won't because over half a million people have done it, Rockstar haven't got time for that, they are a business and care about money. The only thing they care about is ridding of the glitch, to give worth to the cash cards.
It's all about getting GTA:Onlines code completely right, so the game and economy can run smooth. They are probably delighted someone has exploited money, because it's early and they can get rid of it. It's all about trial and error. They need glitches to make the game more perfect than it already is.