Recent Ruling by Ma Wei Court
In a recent ruling, the Ma Wei Court in Fujian, China, addressed a case centered around the trading of virtual currency, revealing significant implications for investors in the sector.
The Dispute
The case involved a dispute between two individuals, Sui and Ye, which originated from an online transaction involving a purchase of virtual currency earlier this year in April.
Transaction Details
Sui initiated the acquisition by offering 18,000 yuan through Alipay to Ye at a rate of 7.6 yuan per unit, resulting in a total of 2368.42 units being exchanged.