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1.2 Million Dollars worth of MSP redeemed by hackers
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1.2 Million Dollars worth of MSP redeemed by hackersPosted:

USAF
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Breaking news. A lot happened tonight in the world of code redemption on Xbox that has yet to be explained. Through the grapevine this past Sunday night, I heard of a website that gives you free Microsoft Points. Not one of those scams or web offers if you do those meaningless polls, but a new site that requires nothing but the tap of F5 on the keyboard. It does work, through this process gamers have just exploited their way into thousands and thousands of free Microsoft Points each. Now Microsoft knows about it. Curious as to what this is all about? Step inside.

UPDATE: My source has been in contact with a 1-800-4MY-XBOX (a video interview will be out tomorrow). The situation is currently being resolved, however a projected 1.2 million dollars has been lost.

EDIT: After further discussions with Lupo, it has been made aware that his only involvement was making a video showing the website on which it was hosted on. That is his ONLY involvement. He is NOT responsible for the exploit.

Credit for the exploit can be found on [ Register or Signin to view external links. ]

It has been confirmed to be more of an exploit than a hack, the mere changing of an already existing url for a legit 160msp code. This led to an endless amount of offers.


I will keep the name of the website secret as to the integrity of the situation, but I can talk about how easy the process was to obtain all of these points. A reliable source tells me that upon inserting the website into your browser, you let it load the boxes on the screen load. If the boxes have the text live content, refresh it until a code appears. Each code is worth a whopping 160 Microsoft Points each, just redeem it on Xbox.com!

This process was never ending, just refresh, rinse, and repeat. There were so many people doing this at one point that the website 404ed. In a matter of 20 minutes someone I know has obtained over $150 worth of Microsoft Points.

As of right now, it seems the website is no longer working. Microsoft has finally caught on; and has currently shut down all redemption codes, so you cannot redeem ANYTHING. EDIT: Codes can now be redeemed.

As of now this is all I know, my culmination of research and sources leads me to believe my word is the first on the subject.



Last edited by USAF ; edited 1 time in total

The following 1 user thanked USAF for this useful post:

ImGiraffe (03-08-2011)
#2. Posted:
Hud
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please stop re posting this its been posted like 100 times
#3. Posted:
Lost
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yeah idk how they let this happen? LOL
#4. Posted:
Extra
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thats is Freaking crazy
#5. Posted:
TTG_DankReggie
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stop reposting, already saw this on another post yesterday
#6. Posted:
TheDirtyModders
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this is true my mate was getting loads before now i realise how
#7. Posted:
Sintoc
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I find this hilarious
#8. Posted:
-AIRSOFT-
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guy above me dont flame cause he is just trying to get the truth out
#9. Posted:
machomason24
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Haha wow, I knew they were gonna lose a crapload of money!
#10. Posted:
Jens
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i never got the change to rendeem a code
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