[robkop]

CSGO skins and steam keys work in similar ways, the scheme generally looks like this (or atleast it used to, haven't looked in a few years).

1. Buy/ obtain stolen credit card details.

2. Buy CSGO skins / Purchase steam game as a gift with stolen CC.

3. Sell skins/ game keys through a 3rd party, online marketplace.

4. Collect profits.

Congratulation, you've converted dirty money (used to buy stolen CCs) and potentially dirty money (charges put on stolen CCs) in clean, washed money!

Of course you can do this scheme without the stolen CCs (just buy steam games/ skins) but the CCs have a nice multiplicative effect and they add more obfuscation.

[jobigoud]

This doesn't explain why anyone would pay 200K for a csgo skin.