Domain theft at godaddy?

Concerned domainers are watching the situation unfold as a 3 letter dot-com domain name was allegedly stolen using Godaddy tools from its rightful owner. Could Godaddy have unseen vulnerabilities in its transfer system that permit domain theft?

Owner claims first clue came with receipt of Godaddy authorized transfer notification. As many domainers know, there should have been a significant precursor to this process conclusion. Owner values name at $34K.