Am I an angle-shooting douchebag?

[JOEL_]

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So you should have stopped playing right there and reported the incident. Afterwards it is too late to claim monies.The guy is playing his strategy and if the site allows it, then he is not cheating.

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But the site doesn't allow it - he is exploiting a bug...

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Well, I can see that your pissed off,but I would be more pissed off with the site rather than the player.
The third player that you was with that got up from the table acted in his own best interests,the scum bag who took advantage of the software glitch acted in his own best interests,you had also the opportunity to act in your best interest which was of course to stop playing if this other guy was breaking the rules.
You chose to take the attitude of heads I win, tails you lose. And kept on playing. Wether it was your conscious plan or not this is what it boils down to. You played and you lost.