As parenting evolves in the digital age, one familiar phrase continues to echo through homes worldwide: "Can I please have this?"
The extravagant pleas for in-game items such as skins, weapons, or characters have become the norm, leading many parents to quietly concede and shell out hundreds of Rands for Fortnite V-Bucks or Roblox Robux, considering it a small price for maintaining peace.
However, in the seemingly innocent world of gaming, a shadowy financial underworld is thriving, processing billions of transactions annually, an unregulated environment ripe for exploitation by financial criminals.
In South Africa, banks and financial institutions have been ramping up their defences against money laundering, particularly under the looming pressures of the country's greylisting, which has only recently been resolved.
Yet, as these traditional financial systems fortify, online…