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Massive Bank Fraud In EVE Online
djconrad was one of several readers to point out the latest major scandal in EVE Online, the space MMO notable for its large, player-driven economy and the entertaining stories it often generates. A player named Ricdic, chairman of a large in-game bank, decided to embezzle roughly 200 billion ISK (the game's currency). Ricdic exchanged the ISK for about $5,000 to pay off real-life debts. Massively has an in-depth write-up about how the theft affects the game and its players. Since the scandal became public, there's been a run on the virtual bank, and its executives are doing what they can to reassure people that it will continue to exist. Ricdic was banned, not for the embezzlement, but for trading 200 billion ISK for real currency, which is forbidden by EVE's EULA.
Both. He works for Goldman Sachs...
Todos mis movimientos están friamente calculados
Aye, i get tired of boarding trade vessels and ransoming the crew's lives for cash to pay off my debts. I do enough of that in the real world!
http://soylentnews.org/~tibman
There are already games that let you do that. They're called NYSE, NASDAQ and FOREX.
Airplane Photos, Airline News, Planespotting Guides
I achieved my goal of not playing it anymore. I didn't achieve my goal of figuring out why I wanted to play it in the first place.
How we know is more important than what we know.
What I'm always struck by is that if you're capable of finagling all these things in the game, what's stopping you from doing it in real life?
Body odor.
paintball
Yeah, but their graphics sure sucks and blows at the same time. At best you get some vector graphics... pfff, get with the times, morons!
'sides, last time I went for PvP I got pummeled by GMs and locked outta the server. Effing carebears.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
Anyway, once you get into it its actually a great game. Perhaps you have to have liked playing Elite back in the day to appreciate it. It's a massively online version Elite. Aside from all fighting you also get the politicking, scams, crimes and so forth that make the game world hugely dynamic.
Yes, we already established that it's a simulation of real life economy.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
Banning Ricdic for making $5,000 in real money from the game will probably result in him making more real money, from real work, in the real world. He might even meet a real girl and have a real relationship and real children. Hardly seems like much of a punishment, if you ask me. If the developers of EVE wanted to punish Ricdic, they'd have given him two more accounts....for free.