Deep Tide TechFlow News, on March 18, according to Peng Pai News reports, the Zhangqiu District Court heard a case involving dispute over commissioned investment in virtual currency. Liu commissioned Zhang to purchase Alpha Coin, but due to the platform being suspected of criminal activity, the refund could not be made. Liu sued Zhang demanding the return of investment funds. The court ruled that virtual currency investment behavior disrupts financial order, the relevant entrustment contract is invalid, and investment losses are not protected by law, dismissing Liu's claims. The judge pointed out that according to regulations from the People's Bank of China and other departments, virtual currency-related business is classified as illegal financial activity. Once losses occur, investors must bear them independently. The court reminds the public to stay away from virtual currency trading and speculation.

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