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Virtual MMO Currency Trading Crippled By Fraud

Thanks to Terra Nova for pointing to the Gaming Open Market website, home of "the next generation of [MMO] game commodity trading", where there's an announcement that: "Until further notice, Gaming Open Market will be closing its doors to all game currency trading except Second Life." There's more information in a post at the official Second Life forums, where Jamie Hale explains: "Yesterday, I had a user breeze through spending over $3000 USD on [EVE Online] and [Star Wars Galaxies]. Immediately after taking delivery of the ISK and credits, he reversed all the payments, claiming he never received the goods. This is a well-known loophole in PayPal's seller protection policy. Basically, I have no recourse at all. PayPal accepts no form of proof of delivery except physical waybills (UPS, FedEx, etc)."

4 of 110 comments (clear)

  1. Wow by metamatic · · Score: 0, Troll

    You mean the kind of person who cheats at video games is also likely to cheat you on Paypal transactions? I'm amazed.

    --
    GCHQ Quantum Insert installed. If only our tongues were made of glass, how much more careful we would be when we speak
  2. Re:The thief e-mailed and confessed? by Rufus88 · · Score: 0, Troll


    He has admitted he commited fraud

    He has? I saw the accusation from the victim, but where was the admission by the alleged perpetrator?

  3. Not surprised by the lack of factual arguements by Moo+Moo+Cow+of+Death · · Score: 0, Troll

    I'm not hugely surprised by the lack of factual arguements made by the people who dislike or believe that money for VW currency is cheating. This type of arguement simply doesn't belong on /. where quite obviously nobody can post their own opinion without being beaten with a religous stick. Speaking of which, I'll take a potshot at every arguement on here saying that anyone who states something as retarded as: "Awwww, poor baby can't run his crappy gaming site" or " It has to stop. It is cheating. I don't care about any arguments about the time it takes to do X in the game" clearly doesn't have the mental capacity to carry on a discussion on this intellectual level.

  4. Re:oh no by eggstasy · · Score: 0, Troll

    I am one of the richest people in SL, I have a girlfriend, friends, and I do get out of the house, thank you very much. I have made $800 USD without much of an effort. This isnt Everquest. It doesnt require insane amounts of time. The value in SL derives from your RL skills like programming and 3D modeling. Skills that I had already developed long before I heard about SL. There's people in SL who learned how to program because of the builtin scripting language and then decided they wanted to to become real programmers. It is quite a positive thing in your life, unlike the stupid MMORPG treadmills everyone in the gaming biz is churning out these days.