Scammers Continue to Wreak Havoc in MMO's

Posted by CmdrTaco on Wednesday January 2, 2008 @04:54AM from the but-i-need-my-virtual-gold dept.

eldavojohn writes "We're all well aware of the scams that sometimes happen in online games like Eve Online. But despite this looking primarily like a problem with Eve Online, the MIT Technology Review brings us stories from Second Life and the very real $700,000 (USD) in Linden Dollars that has recently disappeared in what is appearing to be a classic ponzi scheme by a company named Ginko Banking. Unbelievably high interest rates coupled with some shady withdrawal limits leads to classic epic losses to investors. Eve Online was merely virtual currency but Second Life has a real monetary value associated with Linden Dollars & therefore is certain to see more and more scams pop up like this. How can Linden Labs set up a safety net to catch things like this?"

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Re:They shouldn't by Brian+Gordon · 2008-01-02 05:51 · Score: 0, Flamebait

Slashdotters, communists? Maybe because we're more intelligent than average so we don't buy into the Red Scare "capitalism = freedom" nonsense.. but other than that why would you think slashdot is communist? I could see anarchist, but I guess those NSA wiretap stories scared people into voting libertarian ;)
Links by jcaldwel · 2008-01-02 06:15 · Score: 0, Flamebait

It's irritating to have links on words if the href has nothing to do with the anchor text .