According to ChainCatcher and Southeast Network, the Mawei Court in Fujian recently concluded a virtual currency trading dispute case. A man named Sui purchased virtual currency from Ye for 18,000 yuan, which led to a dispute, and he sued to request a full refund.
The court rejected the claim, determining that virtual currency does not have legal tender status in China, and related transactions violate public order and good morals. Such transactions are not protected by law, and investment risks should be borne by the investors themselves.
