Jagex Slams Crypto Bro Tactics in Old School RuneScape
Crypto traders have been manipulating the market in Old School RuneScape, prompting its developers, Jagex, to take a hardline stance against cryptocurrency-driven market manipulation. The issue began with a meme coin that tracked the price of RuneScape items, including the rare Robin Hood Hat.
The coin's creators aimed to stoke publicity and attract buyers by hoarding the hats in the game, reducing their availability and creating an on-chain narrative around a real in-game economy. This scheme was eventually discovered by normal players, who flagged it as market manipulation and celebrated Jagex's decision to crack down.
Jagex has implemented a 'zero-tolerance' policy towards cryptocurrency-driven market manipulation, considering such activities as real-world trading, which is banned in the game. The company will take action against accounts suspected of engaging in these practices, with the severity of penalties proportional to the user's intent.