Monday, July 13, 2009

Run on Second Life banks. Cashing stopped due to closure of virtual banks

The operation of the virtual banks and virtual ATM on Second Life, the internet-based virtual world managed by the U.S. Linden Lab, has been stopped. The banks handle the virtual currency, the Linden dollar, that can be circulated on Second Life. It is possible, however, to change the virtual dollar to the real U.S. dollar. A serious problems has arisen, therefore, as it is considered that a loss in the virtual money is tantamount to a loss of real money. Avatars rush to banks. Some of the virtual banks put out notice at their entrances to explain to investors. Some of the virtual banks put out notice at their entrances to explain to investors. Linden Lab took a measure to stop all the ATM and other banking operations to handle the "Linden dollar" on Second Life on Jan. 22, 2008. To Learn More Click Here

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