Can 2 or more people generate the same exact wallet. And if so, what happens then?
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Also see: Is each Bitcoin address unique? How does the Bitcoin protocol deal with address collisions in wallets? – Vojtěch Strnad Sep 23 '23 at 20:34
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Thanks @VojtěchStrnad, I voted to close as a duplicate and also added the other two questions you proposed to the duplicate targets. – Murch Sep 26 '23 at 15:24
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Yes it's possible. One of them would spend the coins if it happens.
Recent example: https://www.cve.org/CVERecord?id=CVE-2023-39910

Lemon
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3It's only realistically possible with broken random number generation. – Pieter Wuille Sep 23 '23 at 21:28