NetEase Money Laundering: Execs Detained

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A reported internal sting operation at NetEase Games has led to the detention of several senior employees on suspicion of money laundering, according to Chinese tech outlet Leifeng (as picked up by Vice). The incident has shaken investor confidence, with NetEase’s stock (NTES) falling roughly 5% since trading opened following the news.

Details of the Operation

The sting reportedly involved a routine weekly marketing meeting that was moved from its usual location in Guangzhou to Hangzhou. When general manager Xiang Liang and other suspected employees arrived, they were detained and investigated. The amount allegedly laundered is estimated between 800 million and 1 billion yuan (approximately $111 million to $140 million). NetEase is also believed to have suspected members of Xiang Liang’s team of purchasing traffic for the studio’s games, potentially to skew performance metrics, though this remains speculative. According to Leifeng, several employees have since been released, but Xiang Liang has not responded to requests for comment.

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Corporate Context and Past Controversies

NetEase has been expanding internationally through acquisitions and partnerships. Key moves include acquiring Grasshopper Manufacture in 2021 and Quantic Dream in 2022, as well as a long-term collaboration with Blizzard Entertainment that produced Diablo Immortal in 2022.

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The company also faced a legal setback in 2022 when Riot Games and its parent company Tencent successfully sued NetEase for copyright infringement over its hero shooter HyperFront, which was deemed too similar to Valorant. The lawsuit resulted in HyperFront’s shutdown.

Upcoming Release: Marvel Rivals

NetEase’s most anticipated title is the 6v6 hero shooter Marvel Rivals, scheduled to launch on December 6 following several beta tests and playtests. The game will feature 26 characters at launch, including Psylocke, whose gameplay was recently leaked online. The scandal adds uncertainty to the company’s near-term outlook as it prepares for this major release.

What are Marvel Rivals and Marvel Rivals Lattices?

Marvel Rivals Lattices serve as the primary premium currency in Marvel Rivals, allowing players to unlock a variety of exclusive cosmetic items like hero skins, emotes, and special banners through purchases such as the Battle Pass.

To obtain Marvel Rivals Lattices, players need to top up using real money, as they cannot be earned through regular gameplay.

Popular game trading platforms, including LootBar, offer convenient Marvel Rivals Lattices top up services, enabling fans to quickly enhance their in-game experience with new cosmetics and features.

Why Choose LootBar to top up Marvel Rivals?

If players are looking to top up Marvel Rivals Lattices efficiently and securely, they may want to consider using the lootbar game trading platform. LootBar stands out for its commitment to providing a professional service experience, offering a seamless and safe process for purchasing in-game currency like Marvel Rivals Lattices. The platform supports a diverse range of games, ensuring convenience for users with various gaming interests. With 24/7 online customer support and multiple payment options, players can enjoy peace of mind and flexibility whenever they need to complete a Marvel Rivals top up.

Another advantage of choosing LootBar is its competitive pricing structure. Players can often benefit from substantial discounts and special promotions, making it possible to save money on their Marvel Rivals top up—sometimes receiving up to 20% off. Additionally, LootBar fosters an active community environment through its blog and Discord channels, where gamers can access useful guides, stay updated on leaks and events, and connect with other Marvel Rivals fans. This combination of affordability, security, and community makes LootBar a top choice for those wanting to enhance their Delta Force experience with Marvel Rivals Lattices.

How to top up Marvel Rivals at LootBar?

To top up Marvel Rivals, visit the LootBar trading platform and sign into your account after adjusting the language and currency settings to your preference. Once logged in, scroll to the top-up area on the main page and locate Marvel Rivals among the available games, which will prepare you to begin the transaction.


After selecting the game, enter your unique Marvel Rivals User ID with care—accuracy here ensures the Lattices reach the right account. Next, choose the quantity of Lattices you'd like to purchase from the offered packs. To wrap up, pick your preferred payment method, review the order, and click the pay button to finalize your top up Marvel Rivals instantly.

https://c2c.fp.guinfra.com/file/685dd94a1b53048408bb72c8Wl0wQaEr03

What is the best Gaming Top-Up Platform?

LootBar stands out as a reliable and professional platform for gaming recharge. Its reliability and popularity are reflected in excellent reviews, including a 4.9/5.0 rating on Trustpilot.

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