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1 sat \ 0 replies \ @Majjin 28 Feb 2022 freebie \ on: '50% of transactions were fraudulent' when Steam accepted Bitcoin for payments, says Gabe Newell bitcoin
The closest thing to a "fraudulent" transaction I can think of is a 0-confirmation transaction that people were double spending to cheat Steam. Maybe Bitcoin bought with stolen credit/debit cards?
Either way its not a Bitcoin problem. Its either a Steam problem or a problem with the legacy financial system.