Microsoft Sues Chinese Company for Hacking Xbox Accounts

Microsoft has filed a lawsuit against a Chinese company that operates an online service that sells virtual gaming currencies, accusing the company of hacking into Xbox accounts and illegally purchasing game coins via the account owners’ credit card.

According to court documents obtained by Bleeping Computer, Microsoft discovered the scheme last December, when its employees stumbled upon the iGSKY website, where visitors could purchase gaming currency for various console games, some of which were exclusive to the Xbox platform.