No? I was defrauded by wire and reported it immediately to the bank and law enforcement but “they couldn’t do anything”.
Money wires are different, all the action is sender side. Even for me, Fidelity accountholder, a SWIFT money wire takes days to set up and I have to confirm it multiple times. I get the impression the bank hates doing them and will throw as many roadblocks as possible unless you are absolutely committed to it.
>The company committed bank and wire fraud. They’ll get dealt with by the secret service and FBI.
And:
>Our banking system is trash but it’s not lawless.
My experience is directly counter to that, given that it was a non-investigated wire fraud despite being blatant and the money going to a known local address/account. Saying that ACHs are better doesn't correct those overstatements of yours.
"Wire transfer" could be either Fedwire or SWIFT and it is not reversible.
Also, since this is HN: no, Bitcoin or other crypto "transfers" are not reversible.
See my downvoted follow-up reiterating this obvious point: https://news.ycombinator.com/item?id=24009403