How gamers lost 400,000 fighting a huge virtual space war

Gamers lost an estimated £400,000 (roughly $500,000 USD) during a massive, multi-year conflict in the space-simulation MMO EVE Online that peaked with a devastating virtual war in June 2025.How "Real Money" is LostThe astronomical financial figures reported by outlets like the BBC do not mean players had cash pulled from their bank accounts during the battle. Instead, the loss is calculated using PLEX (Pilot License Extension) , an in-game item that players purchase with real-world currency. Because PLEX can be traded on the in-game open market for the game's standard currency (ISK), every destroyed ship has a definitive, real-world monetary equivalent. When a massive fleet is permanently destroyed in battle, that real-world value evaporates.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-daily-brief--6679022/support.Don’t miss our latest episodes! Please follow me to stay updates with fresh news everyday. Let’s keep the support this podcast to serve update news entire the world!