Get $US200 iTunes Store Vouchers for $US2.60

Stop being an arse and don't pirate songs and movies. Pirate money and get legal material! Chinese hackers have cracked the algorithm that generates the iTunes Store gift cards: You can get $US200 for $US2.60.

According to the blog of Outdustry—a music industry consultancy firm in China—the market is getting inundated with these pirate cards, with prices falling quickly. You can find $US200 iTunes Music cards in Taobao for as low as $US10, and the blog is reporting prices of $US2.60. In fact, the prices are dropping dramatically as the number of vendors selling these cracked cards increase.

Nobody knows what this means for Apple yet. For sure, a change of the formula that generates the vouchers looks like a definitive possibility, but that won't solve the situation of legal cards already in the market. [Outdustry and Taobao via MusicAlly]

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