alt Hacker News> What's the rationale?
Most likely stolen cards. Stolen credit cards are used to purchase gift cards which are then resold to unsuspecting buyers. Think of it as stolen money laundering.
Replies
saurik • last Saturday at 9:01 AM
> It would make more sense if they just locked the person out of redeeming gift cards or something, not the entire account.
I always wondered why sites like g2a sell gift cards at a price higher than the gift card is actually worth.
A lot of things are clicking into place for me in this thread.