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WSE Announces Additional Downtime (SL Reports) 

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Written by Xavier Mohr   
Sunday, 29 July 2007

By Xavier Mohr, Publisher
SLReports.net

SECOND LIFE, 29 July 2007 -  The World Stock Exchange (WSE) announced today that it would be haulting all trade activities as it attempts to ensure there are no bugs in the trading software and that all user account balances are correct, unaffected by any trading errors. The announcement claims the trading platform will reopen at approximately Noon PST/SLT on July 30, 2007.

The scheduled downtime comes only days after the WSE shut down for upgrades and subsequently discovered a theft of approximately L$3.2 million by former Hope Capital employee Thurston Hallard.

Last week's shutdown due to upgrades and theft investigation caused significant alarm in the Second Life investment community, with conflicting explanations of the circumstances coming from all directions and the reopening of the WSE being rescheduled twice. 

Today's announcement did not specify whether deposits or withdrawals from OurBank LTD. would be affected during this system outage.

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Last Updated ( Sunday, 29 July 2007 )
 
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