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Identity theft feeds $1bn gaming black market

A plague of identity theft is afflicting South Korea's online gamers, as reported cases soar to almost a quarter of a million.

Many of the stolen identities are being used in gaming 'farms' in China as part of a $1bn a year black market in cash and items from online games, according to local media reports.

Online games are hugely popular in highly-wired South Korea. The country has well-funded professional video gaming leagues, and TV channels devoted to games. [Read more - vnunet]

February 22, 2006 in In the News |

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