Looks like Bill Gates and the boys at Microsoft have a new crisis on their hands: XBox Live points jackers. Just a couple of days ago, some enterprising gamers came upon an exploit that allowed them to redeem multiple fake XBox Live codes worth 160 Microsoft points each—but the free love didn't last long, as Microsoft issued a statement saying that "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. Codes obtained legitimately by users will not be impacted."

Rumors suggest that Microsoft  lost $1.2 million in the fuckery, but M$ claims that number is far from the truth. Sounds like a case of "we got jacked but we're too embarrassed to let you know how much was taken." And the hunt continues. [via Game Informer]