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It might not necessarily be that they lost money, it is possible it happened through the way you are suggesting, but opening up for crypto does mean Steam becom
by Duralias 5y ago
It might not necessarily be that they lost money, it is possible it happened through the way you are suggesting, but opening up for crypto does mean Steam becomes a money laundering platform.
Criminal creates a shit game and then uses the crypto to buy that game (with alt accounts) and since *very* few developers would be happy with getting paid in crypto, Valve has to convert it into fiat(?) currency.
- allisdust 5y agoThat could be a problem but then that would be money laundering not fraud (and Steam won't be on hook for it - just like Amazon isn't for its gift cards).
- DangitBobby 5y agoThe purchases are fraudulent. A single party buys the game from themselves many times, desiring to look like a diverse crowd making legitimate purchases.