IGE Lawsuit Reveals Some Inner Workings

This is not breaking news, but it's interesting nonetheless. A lawsuit filed last summer shows that one of the founders of the IGE (a virtual property business which lets customers buy and sell virtual property -- in-game currency, characters and items) has sued the other over various business issues. Given that IGE is one of the most well-known virtual property dealers out there (not necessarily in a good way, as it is also the subject of a class-action lawsuit by WoW players -- see our previous post), this lawsuit offers some interesting insight into the operation of a virtual property business.

Coverage at Virtually Blind.