What happened to the stock generation game by Mavrodi?

I was listening to the interview with Sergey Mavrodi, a Russian entrepreneur, or criminal, depends on who you ask.

He created one of his money schemes in 1998, it was a virtual stock market game called “Stock Generation”. It was registered offshore, somewhere in the Caribbean, with a proper gaming licence.

There were tens of millions of users, but only 3 users disliked something and complained. That triggered a court case in Boston, which Mavrodi won, but then lost at the appeal stage of the case.  He was accused of fraud.

 

 

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