Current Events > Nearly all Counter-Strike microtransactions used for money laundering

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Antifar 10/30/19 8:05:36 AM #1:	https://www.vice.com/en_us/article/8xw7nx/nearly-all-counter-strike-microtransactions-are-being-used-for-money-laundering Counter-Strike: Global Offensive players will no longer be able to trade container keys between accounts because the trade was part of a massive worldwide fraud network. Players earned cases in Counter-Strike containing weapons and cosmetic upgrades, but had to purchase the keys to open the boxes. Developer Valve runs an internal marketplace on Steam where it allowed players to trade the boxes and the keys. Valve patched the game on October 28 and explained the problem in its patch notes. In the past, most key trades we observed were between legitimate customers, the statement said. However, worldwide fraud networks have recently shifted to using CS:GO keys to liquidate their gains. At this point, nearly all key purchases that end up being traded or sold on the marketplace are believed to be fraud-sourced. This isnt the first time Counter-Strikes microtransactions were at the center of fraud. In September, 2017, the Federal Trade Commission settled with two YouTubers who ran popular websites that allowed fans to gamble their Counter-Strike skins. The influencers advertised the gambling site to fans on YouTube with video titles like HOW TO WIN $13,000 IN 5 MINUTES CS GO Betting without disclosing that they owned it. Valve did not immediately respond to request for comment. --- kin to all that throbs <cite>Antifar posted [p:929422947] in Nearly all... [t:78121332]...</cite> <quote>https://www.vice.com/en_us/article/8xw7nx/nearly-all-counter-strike-microtransactions-are-being-used-for-money-laundering <quote>Counter-Strike: Global Offensive players will no longer be able to trade container keys between accounts because the trade was part of a massive worldwide fraud network. Players earned cases in Counter-Strike containing weapons and cosmetic upgrades, but had to purchase the keys to open the boxes. Developer Valve runs an internal marketplace on Steam where it allowed players to trade the boxes and the keys. Valve patched the game on October 28 and explained the problem in its patch notes. In the past, most key trades we observed were between legitimate customers, the statement said. However, worldwide fraud networks have recently shifted to using CS:GO keys to liquidate their gains. At this point, nearly all key purchases that end up being traded or sold on the marketplace are believed to be fraud-sourced. This isnt the first time Counter-Strikes microtransactions were at the center of fraud. In September, 2017, the Federal Trade Commission settled with two YouTubers who ran popular websites that allowed fans to gamble their Counter-Strike skins. The influencers advertised the gambling site to fans on YouTube with video titles like HOW TO WIN $13,000 IN 5 MINUTES CS GO Betting without disclosing that they owned it. Valve did not immediately respond to request for comment.</quote></quote> ... Copied to Clipboard!
chrono625 10/30/19 8:18:40 AM #2:	I remember that gambling ring. Those kids were annoying douche bags and hopefully they got what they deserved. --- https://imgur.com/Rqk1DYV - Super Bowl XXI/XXV/XLII/XLVI Champions - NY Giants Eli Manning SB tracker: 2/2 Superbowls 2/2 SBMVP's <cite>chrono625 posted [p:929423188] in Nearly all... [t:78121332]...</cite> <quote>I remember that gambling ring. Those kids were annoying douche bags and hopefully they got what they deserved. </quote> ... Copied to Clipboard!
Solid Sonic 10/30/19 8:20:09 AM #3:	chrono625 posted... I remember that gambling ring. Those kids were annoying douche bags and hopefully they got what they deserved. Why do you hate gambling? --- Tell me how you feel upon learning that I write MLP fanfiction. <cite>Solid Sonic posted [p:929423212] in Nearly all... [t:78121332]...</cite> <quote>chrono625 posted...</cite> <quote>I remember that gambling ring. Those kids were annoying douche bags and hopefully they got what they deserved. </quote> Why do you hate gambling?</quote> ... Copied to Clipboard!
Veggeta X 10/30/19 8:21:21 AM #4:	damn --- Don't like it? Don't watch it. It's that simple Dictator of Nice Guys <cite>Veggeta X posted [p:929423239] in Nearly all... [t:78121332]...</cite> <quote>damn</quote> ... Copied to Clipboard!
FursonaNonGrata 10/30/19 8:22:12 AM #5:	This shit rules. The betting thing reminds me of when Runescape players would form banking clans to fuck up market rates and then sell the gold they made for real money on eBay. --- A.M.A.B. ~The Outlaw Country of Posting~ <cite>FursonaNonGrata posted [p:929423257] in Nearly all... [t:78121332]...</cite> <quote>This shit rules. The betting thing reminds me of when Runescape players would form banking clans to fuck up market rates and then sell the gold they made for real money on eBay.</quote> ... Copied to Clipboard!
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Frolex 10/30/19 9:12:09 AM #7:	chrono625 posted... I remember that gambling ring. Those kids were annoying douche bags and hopefully they got what they deserved. p sure they just went back to business as usual after the heat died down a few weeks/months later. that tends to be how these things go. --- https://imgur.com/HOLHd4k https://imgur.com/six2WTN <cite>Frolex posted [p:929424422] in Nearly all... [t:78121332]...</cite> <quote>chrono625 posted...</cite> <quote>I remember that gambling ring. Those kids were annoying douche bags and hopefully they got what they deserved. </quote> p sure they just went back to business as usual after the heat died down a few weeks/months later. that tends to be how these things go.</quote> ... Copied to Clipboard!
Balrog0 10/30/19 9:13:05 AM #8:	how do they know that --- But to you who are listening I say: Love your enemies, do good to those who hate you, bless those who curse you, pray for those who mistreat you. <cite>Balrog0 posted [p:929424444] in Nearly all... [t:78121332]...</cite> <quote>how do they know that </quote> ... Copied to Clipboard!
chrono625 10/30/19 9:30:44 AM #9:	Solid Sonic posted... Why do you hate gambling? I don't. But they weren't disclosing that they OWNED the gambling site they were promoting and were spinning on to "win" high end skins. That's why they got shut down and in trouble to begin with. --- https://imgur.com/Rqk1DYV - Super Bowl XXI/XXV/XLII/XLVI Champions - NY Giants Eli Manning SB tracker: 2/2 Superbowls 2/2 SBMVP's <cite>chrono625 posted [p:929424912] in Nearly all... [t:78121332]...</cite> <quote>Solid Sonic posted... </cite> <quote>Why do you hate gambling?</quote> I don't. But they weren't disclosing that they OWNED the gambling site they were promoting and were spinning on to "win" high end skins. That's why they got shut down and in trouble to begin with. </quote> ... Copied to Clipboard!
aki_sora 10/30/19 9:45:18 AM #10:	They use to wash money? --- this is GameFAQs and stating an opinion is a declaration of WAR! <cite>aki_sora posted [p:929425330] in Nearly all... [t:78121332]...</cite> <quote>They use to wash money?</quote> ... Copied to Clipboard!
Solid Sonic 10/30/19 9:47:33 AM #11:	aki_sora posted... They use to wash money? Dirty money goes in, clean money comes out. --- Tell me how you feel upon learning that I write MLP fanfiction. <cite>Solid Sonic posted [p:929425395] in Nearly all... [t:78121332]...</cite> <quote>aki_sora posted...</cite> <quote>They use to wash money?</quote> Dirty money goes in, clean money comes out.</quote> ... Copied to Clipboard!
WilliamPorygon 10/30/19 9:56:01 AM #12:	It's more like "cash rinsing." --- https://imgtc.com/i/XW7Qado.png https://www.gamefaqs.com/boards/1404-cetacea-cove <cite>WilliamPorygon posted [p:929425661] in Nearly all... [t:78121332]...</cite> <quote>It's more like "cash rinsing."</quote> ... Copied to Clipboard!
BlingBling22947 10/31/19 8:25:02 PM #13:	swipe lessons --- When was the last time you heard your boy Nas rhyme? Never on schedule but always on time <cite>BlingBling22947 posted [p:929494902] in Nearly all... [t:78121332]...</cite> <quote>swipe lessons </quote> ... Copied to Clipboard!
viewmaster_pi 10/31/19 8:26:33 PM #14:	enough about rocket league --- - Sent from my DynaTAC 8000X <cite>viewmaster_pi posted [p:929494962] in Nearly all... [t:78121332]...</cite> <quote>enough about rocket league </quote> ... Copied to Clipboard!
008Zulu 10/31/19 8:41:22 PM #15:	With all that lost revenue, maybe now we'll get Half Life 3? --- Time is a funny thing. There is always too much of it, except when you need it the most. Then there is never enough. <cite>008Zulu posted [p:929495500] in Nearly all... [t:78121332]...</cite> <quote>With all that lost revenue, maybe now we'll get Half Life 3?</quote> ... Copied to Clipboard!
BlingBling22947 11/02/19 7:10:39 PM #16:	shhh nobody tell them about g2a --- When was the last time you heard your boy Nas rhyme? Never on schedule but always on time <cite>BlingBling22947 posted [p:929578470] in Nearly all... [t:78121332]...</cite> <quote>shhh nobody tell them about g2a </quote> ... Copied to Clipboard!
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Current Events > Nearly all Counter-Strike microtransactions used for money laundering (+) Yeah! (+)

Current Events > Nearly all Counter-Strike microtransactions used for money laundering