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Second Life Banks Pay Price for Dirty Play

SF-based Linden Labs, maker of Second Life, has shuttered 12 make-believe financial institutions in response to gripes about lending practices. The catch: said banks are funded by players (read: suckers) who invested real-life capital into funds that were operated by other Second Lifers. Why these people are surprised that promised rates have since tanked is beyond us. [Curse.com]