Jagex moderator fired for stealing 45 billion coins from Old School Runescape participant (Updated)

Update: Jagex has issued a statement stating that no credit card or banking information was dropped as a result of RS gold the breach. "Further to yesterday's statement, we could affirm that none of our players' bank or card details were compromised," it said. "We work with an industry-respected, fully compliant third party processor, to purposefully avoid staff having access to players' full card or bank details. This also applies when players decide to store their information at payment period for any future purchases. Jagex undergoes regular, third party testing to make sure we maintain the highest security standards."

His claims were dismissed by a number of different gamers, several of whom suggested that it had been his own fault for not even having the accounts correctly secured, or that he may be lying about it completely. But it came to light today he wasn't lying, which he had been right about the data breach, which was an inside job at Jagex. "We confirm that a Member of The Old School Team has been dismissed from employment at Jagex following gross misuse of moderator privileges," Jagex said in a statement posted today. "Throughout our rigorous regular system tests, irregular action was identified on small number of reports, for example, motion of riches and objects back to the live match ."

"Following our evaluation, we were able to resolve the problem before any substantial impact was made to the broader match, or economy. We have also taken steps to return items and GP to any accounts that are affected. Whilst we do not return items or stone, we feel that given this unusual situation, we wanted to guarantee no players lost out into the rogue actions of a member of team "

Jagex added that it is"working together with the police" concerning the episode --45 billion coins has significant real-world worth --but said it couldn't offer further specifics. However, according to the Resetera thread the employee in question is Jed Sanderson, aka Mod Jed, who may actually have stolen in excess of 100 billion coins in OSRS Gold For Sale total, worth over $100,000 on gold-selling markets. He's also allegedly involved with the Reign of Terror clan, which was accused of using DDoS attacks to impede opponents in championships, such as a $20,000 tournament that took place in September of this past year. Jagex said at the very time that its investigation had found no evidence of wrongdoing from Sanderson, but in the wake of this I expect that it will be taking another look.