A court in Shandong, China, heard a case involving losses from entrusted virtual currency investments and ruled that the plaintiff must bear their own losses.

CycleProphet · 2026-03-18T02:06:36+00:00

A court in Zhangqiu District heard a virtual currency investment dispute case and ruled that virtual currency investment activities disrupt financial order, relevant contracts are invalid, investment losses are not protected by law, and called on the public to stay away from such transactions.

CycleProphet

2026-03-18 02:06:36

Abstract generation in progress

Deep Tide TechFlow News, March 18 — According to The Paper, the Zhouqu District Court is hearing a case involving a virtual currency investment dispute. Liu entrusted Zhang to purchase Alpha coins, but due to the platform’s suspected criminal activity, refunds could not be issued. Liu sued Zhang to recover the investment funds. The court ruled that virtual currency investment activities disrupt financial order, and the related entrusted contract is invalid. Investment losses are not protected by law, and the court dismissed Liu’s claim. The judge pointed out that according to regulations from the People’s Bank of China and other authorities, virtual currency-related activities are considered illegal financial activities. Investors must bear any losses themselves, and the public is advised to stay away from virtual currency trading and speculation.

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