Good! Exploiting a glitch is cheating, and cheating should be a bannable offence. To those that are trying to justify this glitch by comparing the purchase of GTA$, using your logic, purchasing the cards would be the legit way of working around grinding in-game for it, yet glitching would be stealing. When has stealing ever been okay?
To me the people that defend this infinite money glitch are the ones that have used it or planned on using it, why else defend a glitch that's sole purpose is to exploit in-game money for free. If they have used it then hopefully a ban is coming their way. I have no sympathy for cheaters. Personal opinion, but I think a large percentage of glitchers end up being the people that Mod/Hack.
Speaking of Modders & Hackers, With Rockstar banning these glitchers, which usually got overlooked, I'm sure Mod/Hackers will get banned.
Hopefully Rockstar keeps up the good police work!