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We read about these things happening periodically, an EVE player pulls a runner with some huge amount of ISK and all sorts of drama ensues. It makes me wonder, what has the real life impact of this theft been on those of you involved with EBANK?

If you are to trust the forum trolls, EVE is JUST a game. But having spent 2 years on this project, real-life money and a lot of sweat and tears, it hurts to see EBANK's name being dragged through the mud, and putting up with the drama. It of course causes a huge amount of real-life stress, and makes you wonder about a few things. I even almost managed to miss 2 exams, due to having to deal with this. But it also gave us the opportunity to realize just how many people EBANK have helped.

2% of EVE's playerbase has an EBANK account, and we came to be the biggest investment venture in EVE, peaking at 2.5 TRILLION ISK. That, to me, is a pretty big thing, which I'm proud to take part in. But I can't answer this question on my own, hence here's my new CEO's take on it:

Continue reading New perspective on EVE Online's latest bank embezzlement part two

MassivelyNew perspective on EVE Online's latest bank embezzlement part two originally appeared on Massively on Thu, 02 Jul 2009 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apiathrebankingbanksccp-gamescharlie-eriksene-onebankebank-ricdiceconomyembezzlementeoneulaeve-onlineeveconomicsisklavista-vistamassively-interviewsplayer-run-venturesricdicrmtscamscamstosThu, 02 Jul 2009 12:00:00 EST<![CDATA[EVE Online's largest player-run bank rocked by embezzlement]]>http://massively.joystiq.com/2009/06/10/eve-onlines-largest-player-run-bank-rocked-by-embezzlement/http://massively.joystiq.com/2009/06/10/eve-onlines-largest-player-run-bank-rocked-by-embezzlement/http://massively.joystiq.com/2009/06/10/eve-onlines-largest-player-run-bank-rocked-by-embezzlement/#commentsFiled under: , ,


We've just gotten word that EBANK, a player-run bank in EVE Online self-described as "the largest financial entity ever seen in EVE" has been rocked by embezzlement from its own CEO, Ricdic. The former CEO stole roughly 200 billion ISK from EBANK, which is roughly 8.6% of the entire 2.3 trillion ISK that EVE's playerbase has deposited. EBANK chairman Hexxx has issued a statement on the game's official forums, stating that Ricdic has been banned by CCP Games for engaging in RMT, also adding that the former CEO "has scammed."

The loss of nearly 9% of EBANK's deposits is a serious blow to the player-run institution, perhaps as much to investor confidence in the bank as it is to their funds, but Hexxx says their liquidity is still between 400 billion and 500 billion ISK. A June 6th news item on the EBANK site written by bank auditor LaVista Vista states, "We are currently experiencing some technical problems. Therefore, we ask that people do not deposit any ISK, until we have solved the problem." EBANK's director and head teller Athre has now assumed the role of interim CEO, as the EBANK staff determines the best way forward from here.

Continue reading EVE Online's largest player-run bank rocked by embezzlement

MassivelyEVE Online's largest player-run bank rocked by embezzlement originally appeared on Massively on Wed, 10 Jun 2009 12:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>athrebanbankingbannedbansbreakingccp-gamesebankeconomyembezzlementforumshexxxisklavista-vistaplayer-run-venturesricdicrmtscamscandaltheftthieftrustvirtual-currencyWed, 10 Jun 2009 12:30:00 EST