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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Over 80 billion ISK embezzled from player-run bank in EVE Online]]></title><link>http://massively.joystiq.com/2009/01/21/eve-online-player-embezzles-over-80-billion-isk-from-dynasty-ban/</link><guid isPermaLink="true">http://massively.joystiq.com/2009/01/21/eve-online-player-embezzles-over-80-billion-isk-from-dynasty-ban/</guid><comments>http://massively.joystiq.com/2009/01/21/eve-online-player-embezzles-over-80-billion-isk-from-dynasty-ban/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://massively.joystiq.com/category/sci-fi/" rel="tag">Sci-fi</a>, <a href="http://massively.joystiq.com/category/eve-online/" rel="tag">EVE Online</a>, <a href="http://massively.joystiq.com/category/economy/" rel="tag">Economy</a>, <a href="http://massively.joystiq.com/category/events-in-game/" rel="tag">Events, in-game</a>, <a href="http://massively.joystiq.com/category/news-items/" rel="tag">News items</a></p><a href="http://massively.joystiq.com/category/eve-online"><img vspace="4" hspace="4" border="1" align="middle" src="http://www.blogcdn.com/massively.joystiq.com/media/2009/01/amarrianstationtrinityimageat425.jpg" alt="" /></a><br />The player-driven economy of <a href="http://www.eve-online.com"><em>EVE Online</em></a> is a major draw for gamers interested in virtual finance, although for very different reasons; some players <a href="http://massively.joystiq.com/2008/11/07/establishing-trust-in-eves-player-run-financial-institutions/">enjoy managing vast funds in the game</a>, others are primarily in it for a shot at a major heist. Sometimes, even those who start out with the best intentions succumb to temptation. Regardless of the motivations one has to build up (or tear down) something in the game, left up to their own devices, some <a href="http://massively.joystiq.com/category/eve-online"><em>EVE</em></a> players aren't simply content with the existing game mechanics when it comes to financial instruments. As such, they've established their own banks, IPOs, and other types of investments. <br /><br />The more reputable banks and funds have built-in safeguards that limit any one employee's access to the deposited ISK, as -- let's face it -- this is <em>EVE</em> and such contingencies are necessary. More than a few players eye that cache of billions of raw ISK, Blueprint Originals, and other assets, and simply want to pull a runner. This has been the case just this week, with the player-run <a href="http://bank.dyco-eve.com/index.php">Dynasty Banking</a>, which was apparently taken for billions of ISK by Xabier, the former Dynasty Investments Manager who had access to funds invested by <em>EVE</em>'s playerbase.<p><a href="http://massively.joystiq.com/2009/01/21/eve-online-player-embezzles-over-80-billion-isk-from-dynasty-ban/" rel="bookmark">Continue reading <em>Over 80 billion ISK embezzled from player-run bank in EVE Online</em></a></p><p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://massively.joystiq.com"><img src="http://massively.joystiq.com/media/feedlogo.gif" alt="Massively" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://massively.joystiq.com/2009/01/21/eve-online-player-embezzles-over-80-billion-isk-from-dynasty-ban/">Over 80 billion ISK embezzled from player-run bank in EVE Online</a> originally appeared on <a href="http://massively.joystiq.com">Massively</a> on Wed, 21 Jan 2009 18:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://myeve.eve-online.com/ingameboard.asp?a=topic&amp;threadID=978589>Read</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/2009/01/21/eve-online-player-embezzles-over-80-billion-isk-from-dynasty-ban/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/forward/1436510/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/2009/01/21/eve-online-player-embezzles-over-80-billion-isk-from-dynasty-ban/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>bank</category><category>banks</category><category>breaking</category><category>dynasty-banking</category><category>ebank</category><category>economy</category><category>embezzlement</category><category>eve</category><category>eve-online</category><category>ipo</category><category>isk</category><category>manalapan</category><category>new-eden</category><category>ricdic</category><category>sci-fi</category><category>theft</category><category>virtual-currency</category><category>xabier</category><dc:creator><![CDATA[James Egan]]></dc:creator><pubDate>Wed, 21 Jan 2009 18:00:00 EST</pubDate></item></channel></rss>
