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Massively
06-10-2009, 04:57 PM
Filed under: Sci-fi (http://www.massively.com/category/sci-fi/), EVE Online (http://www.massively.com/category/eve-online/), News items (http://www.massively.com/category/news-items/)

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We've just gotten word that EBANK (http://www.eve-bank.net/), a player-run bank in EVE Online (http://www.eveonline.com) self-described as "the largest financial entity ever seen in EVE (http://www.massively.com/2008/11/26/a-look-at-virtual-banking-in-eve-online/)" 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 (http://www.eve-bank.net/About/Staff.aspx) has issued a statement on the game's official forums, stating that Ricdic has been banned by CCP Games (http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1094517) 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 institution (http://www.massively.com/2008/11/07/establishing-trust-in-eves-player-run-financial-institutions/) 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 (http://www.massively.com/2009/03/03/eve-community-spotlight-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 (http://www.massively.com/2009/06/10/eve-onlines-largest-player-run-bank-rocked-by-embezzlement/)

http://www.massively.com/media/feedlogo.gif (http://www.massively.com)EVE Online's largest player-run bank rocked by embezzlement (http://www.massively.com/2009/06/10/eve-onlines-largest-player-run-bank-rocked-by-embezzlement/) originally appeared on Massively (http://www.massively.com) on Wed, 10 Jun 2009 12:30:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).




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