Second Life, which was brought to virtual life by Linden Lab in 2003, is widely recognized as the first “metaverse” in which people can buy, build and, if they choose, sell virtual land. Coming to life long before the advent of cryptocurrency, the kingdom’s currency was the US dollar, and land could be purchased through auctions held by Second Life. In 2006, Second Life concluded that an avatar named Marc Woebegone had found a way to hack an auction and purchase a property for below market value. Second Life repossessed the land, and all other virtual land owned by Woebegone, with the flick of a switch, effectively achieving the first nonjudicial virtual foreclosure. Bragg vs. Linden Lab, 487 F. Suppl. 2d 593 (ED Pa. 2007). The matter finally…