The game cheat software business is making a lot of money.
Cheat software has existed throughout the development of video games. However, over time, with the explosive growth of the video game industry, fraudulent software suddenly became a lucrative business market for profiteers.
In early April, Chinese police said they had just busted a company specializing in trading fraudulent software called Cheat Ninja. With an estimated value of up to $ 77 million, this can be considered the largest fraudulent software business line in the history of the game industry. However, after months of investigation, the police still could not find out who the mastermind was.
According to many documents, the founder of Cheat Ninja is called with the nickname Catfish. For some reason, Catfish knew about the police investigation in advance. By various means, Catfish has erased the evidence on the storage devices on the hard drive and the server. According to police, Catfish grabbed a huge amount of money (up to tens of millions of dollars) and disappeared before the police took action.
Before that, for many years of operation (mainly on PUBG game), Cheat Ninja has collected a large amount of money from gamers. People using cheat software will have to pay from 10 to 15 USD a month depending on the version. According to police documents, in its peak month, the Cheat Ninja ring raised $350,000 from this fraudulent software business.
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Source link: The world’s second largest hacking line was dismantled, but the leader escaped with money
– Emergenceingames.com
