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Shandong Court Rules on Entrusted Virtual Currency Investment Loss Case, Determines Investor Must Bear Loss

A court in Zhangqiu District, Jinan City, Shandong Province heard a virtual currency investment case and ruled that Liu's entrustment contract for investing in "Alpha Coin" was invalid because his participation in illegal financial activities means he must bear the loss himself. The judge warned that virtual currency transactions are not protected by law.
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