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🇬🇧⚖️ 𝑼𝑲 𝑪𝒐𝒖𝒓𝒕 𝑹𝒆𝒄𝒐𝒈𝒏𝒊𝒛𝒆𝒔 “𝑽𝒊𝒓𝒕𝒖𝒂𝒍 𝑮𝒐𝒍𝒅” 𝒂𝒔 𝑷𝒓𝒐𝒑𝒆𝒓𝒕𝒚 𝑼𝒏𝒅𝒆𝒓 𝒕𝒉𝒆 𝑻𝒉𝒆𝒇𝒕 𝑨𝒄𝒕 (𝑶𝒍𝒅 𝑺𝒄𝒉𝒐𝒐𝒍 𝑹𝒖𝒏𝒆𝑺𝒄𝒂𝒑𝒆)
The UK Court of Appeal has ruled that Old School RuneScape (OSRS) gold counts as “property” under the Theft Act 1968 🏛️💰—meaning owners may now have a clearer path to pursue legal action for theft of in-game assets.
🔍 𝑾𝒉𝒂𝒕 𝒔𝒑𝒂𝒓𝒌𝒆𝒅 𝒕𝒉𝒆 𝒅𝒆𝒄𝒊𝒔𝒊𝒐𝒏?
A case involving the alleged theft of roughly $748,385 worth of RuneScape gold, reportedly taken by a former Jagex employee and later sold for a mix of Bitcoin + fiat 💸₿.
📌 𝑲𝒆𝒚 𝒕𝒂𝒌𝒆𝒂𝒘𝒂𝒚:
The court drew a line between criminal property concepts vs. civil law, while reaffirming that digital assets (including Bitcoin) are already recognized as property in UK law ✅.
🚀 𝑾𝒉𝒚 𝒕𝒉𝒊𝒔 𝒎𝒂𝒕𝒕𝒆𝒓𝒔:
This could set a stronger precedent for how courts treat virtual items, game currencies, and other digital assets in theft cases 🎮🔐.
#UKLaw #TheftAct #RuneScape #OSRS #DigitalAssets
The UK Court of Appeal has ruled that Old School RuneScape (OSRS) gold counts as “property” under the Theft Act 1968 🏛️💰—meaning owners may now have a clearer path to pursue legal action for theft of in-game assets.
🔍 𝑾𝒉𝒂𝒕 𝒔𝒑𝒂𝒓𝒌𝒆𝒅 𝒕𝒉𝒆 𝒅𝒆𝒄𝒊𝒔𝒊𝒐𝒏?
A case involving the alleged theft of roughly $748,385 worth of RuneScape gold, reportedly taken by a former Jagex employee and later sold for a mix of Bitcoin + fiat 💸₿.
📌 𝑲𝒆𝒚 𝒕𝒂𝒌𝒆𝒂𝒘𝒂𝒚:
The court drew a line between criminal property concepts vs. civil law, while reaffirming that digital assets (including Bitcoin) are already recognized as property in UK law ✅.
🚀 𝑾𝒉𝒚 𝒕𝒉𝒊𝒔 𝒎𝒂𝒕𝒕𝒆𝒓𝒔:
This could set a stronger precedent for how courts treat virtual items, game currencies, and other digital assets in theft cases 🎮🔐.
#UKLaw #TheftAct #RuneScape #OSRS #DigitalAssets
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