Article 479FW Organized crime is laundering money through Fortnite's in-game currency

Organized crime is laundering money through Fortnite's in-game currency

by
Mark Frauenfelder
from on (#479FW)
Story Image

Criminals are using stolen credit cards to buy Fortnite V-bucks, then selling the in-game currency for bitcoin at a discount on the dark web as a way to launder money.

From The Independent:

Discounted V-bucks are being sold in bulk on the dark web - a hidden section of the internet only accessible using specialist software - as well as in smaller quantities on the open web by advertising them on social media platforms like Instagram and Twitter.

By posing as potential customers, Sixgill agents uncovered operations being conducted around the globe in Chinese, Russian, Spanish, Arabic and English.

"Criminals are executing carding fraud and getting money in and out of the Fortnite system with relative impunity," Benjamin Preminger, a senior intelligence analyst at Sixgill, told The Independent.

External Content
Source RSS or Atom Feed
Feed Location https://boingboing.net/feed
Feed Title
Feed Link https://boingboing.net/
Reply 0 comments