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Specialist media lawyer outlines why UK Court of Appeals' judgment on RuneScape's Gold theft is so "significant for the games industry"
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The UK Court of Appeal has ruled that unauthorized removal of RuneScape's in-game currency can be classed as criminal theft.
Property line"This Court of Appeal judgment is significant for the games industry for a number of reasons," Poulton-Jones, a Senior Associate at specialist games lawyers, Sheridans, explains.
This showed that the gold pieces had real-world value, despite the fact that RuneScape’s EULA states the contrary."
As Poulton-Jones explains, Jagex's EULA states that virtual currency "does not have any inherent or real-world monetary value," and stresses that virtual currency is not the player’s "own private property."
"In both respects, the Court found that the opposite was the case: the gold coins did have real-world value, and did constitute property," she added.