Guangzhou Court Voids Crypto Loan Contract, Orders Compensation of 199,600 Yuan Per Coin
According to Guangzhou Daily, China's Guangzhou Intermediate People's Court on September 4 voided a virtual currency loan contract where a borrower agreed to return cryptocurrency at the higher price. The court found that such terms aimed to guarantee the lender profit from price fluctuations,
GateNews·09-04 03:11
