Some crafty hackers figured out something interesting recently, and that discovery led to the loss of about $1.2 million dollars.

The hackers worked with the algorithms that Microsoft uses for their codes — randomly generated as necessary — and figured out a way to tweak the codes just slightly in order to keep using them over and over and over. When done correctly about 160 Microsoft points were obtained, but as you might imagine this, done many times over, built up quickly.

When it was all said and done, over a million dollars in virtual goodies were acquired, including some for various avatar props, making it (what’s assumed to be) the biggest virtual points heist of all time…if such a thing existed.