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M.G. Herron

M.G. Herron

Science Fiction Author in Austin, TX

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money laundering

Gimme the Loot! Virtual Money Laundering in Video Games

M.G. Herron · Nov 12, 2019 · Leave a Comment

Not that the money is virtual—the money is all too real. Criminals have turned to loot boxes in video games as a way to wash money they don’t want the government to know about.

Thanks to a loophole in Counter Strike: Global Offensive, “nearly all” key purchases for loot boxes within the game have been used for money laundering, reports Vice.

M.G. Herron

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