Alexey V. Borodin, the Russian hacker who made headlines with a tool which lets anyone steal extra content in apps, no jailbreak required, is admitting defeat following Apple's announcement that the in-app purchasing (IAP) exploit will be fixed in the shipping version of iOS 6 this fall.
In an unprecedented move, Apple gave developers access to a pair of private APIs in iOS, a temporary solution that effectively bypasses the hack. Borodin just publicly acknowledged that currently there is no way to circumvent Apple's band-aid fix in apps updated to take advantage of the private APIs...