Loading...
CtrlK
The Gulou District Court in Fuzhou has concluded a dispute arising from investment in virtual currencies. Chen transferred 480000 yuan to Liu for foreign exchange wealth management, and Liu converted the funds into USDT and invested them on overseas platforms. After the platform was shut down, Chen sued for a refund. The court found that the trading model was suspected of disguised buying and selling of foreign exchange, and ruled to dismiss the lawsuit and transfer the materials to the public security organs. The Fuzhou Intermediate People's Court upheld the original ruling. The court reminds that investing in virtual currencies is invalid and losses must be borne by oneself.