Want to Launder Bitcoins? How Crooks Are Hacking iTunes and Getting Paid by Apple
REDEMPTION SONG
Scammers are exploiting iTunes by uploading their own DIY music, buying it up with some gift-card trickery—and then getting fiat currency from those dubious sales.
Photo Illustration by Elizabeth Brockway/The Daily Beast
Even though drug dealers and cybercriminals rake in mountains of the digital currency Bitcoin, crooks still face a key problem: how to convert that bitcoin, which at the time of writing is valued at