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UK Appeals court state RuneScape gold counts as property and can be stolen

3 months ago
  • #legal
  • #gaming
  • #property-law
  • UK Court of Appeals ruled that MMO currency (like RuneScape gold) can be treated as property and its theft deemed criminal.
  • Former Jagex developer allegedly stole £543,123 worth of in-game gold, selling it for Bitcoin.
  • Original verdict dismissed gold as 'pure information,' but the Appeals Court overturned this, classifying it as 'intangible property' under theft laws.
  • Court emphasized gold's tradeable value both in-game and externally, justifying its classification as stealable property.
  • The ruling sets a legal precedent, potentially impacting future cases involving in-game currencies and items, including loot box debates.