A few days ago a user post appeared on The Tech Game.com featuring an algorithm which could produce working Microsoft points. Microsoft discovered and stopped the exploit within hours but a substantial amount of points, some claimed $1.2 millions worth, had already been generated by this time. In a statement to Kotaku, Microsoft have said they “are aware of the situation and have taken steps to invalidate the codes obtained illegitimately.” The statement continued: “We take safety and security very seriously and require that Xbox LIVE members use the service in compliance with applicable laws and specifically prohibit people from engaging in illegal activity as a part of our Terms of Use and Code of Conduct… Our Policy and Enforcement team is evaluating whether or not certain individuals have violated the Terms of Use for Xbox LIVE and will take the appropriate enforcement on an individual basis.” Microsoft also added that the actual monetary value of the points stolen is “nowhere near the amount that has been reported.”
