Bank insider steals 200 billion
- a director in EBank in Eve Online has stolen 200 billion ISK (approximately 10% of deposits), engaging in real money trading to fence his loot. Equivalent to ~US$12,000, the theft has left Ebank with concerns over liquidity, security, auditor failure, and a run on the bank by investors
. Unlike the real world, there is no government bail-out.
As virtual worlds economic activity
grow, the importance of Real Money Trade
comes to the fore. When does fraud inside game worlds
become illegal? when do earnings from online worlds become taxable?
], and what happens when real day traders
get interested? [more inside]