The video game industry’s money laundering problem: when do game publishers become money transmitters?

Objective : to study the problem of money laundering in video game industry and develop measures minimize this illegal behavior. Methods dialectical approach cognition social phenomena, allowing analyze them historical development functioning context totality objective subjective factors, which predetermined following research methods: formal-logical sociological. Results as enthusiasm for immersive multiplayer games continues grow, players are placing a high degree value on virtual items like in-game currency, weapons, vehicles, “skins”. The these items, paired with features that allow buy sell them, has opened door criminals who can exploit launder money. United States maintains robust legal framework prevent punish laundering. One key piece is imposing certain reporting recordkeeping duties “financial institutions”, including transmitters. If company subject duties, it must abide by complex expensive anti-money compliance requirements. Scientific novelty article, first time, considers issue whether publisher criminal transmitter. paper takes up question detailing specific policies that, under current rules guidance, lead or rebuff conclusion Practical significance main provisions conclusions article be used scientific, pedagogical law enforcement activities when considering issues related qualification actions publishers case their participation was published English language Fordham Law Review Online. For more information please contact editorial office. original publication: Roomberg, M. (2023). industry’s problem: do become transmitters?, Online, 91, 161–177. Publication URL: https://fordhamlawreview.org/law-review-online/the-video-game-industrys-money-laundering-problem-when-dogame-publishers-become-money-transmitters/