News list for " Jiangsu Province"
On February 21, according to Mankiw: Recently, the Jiangsu Provincial High Court released a typical foreign-related case. In the case, a Singaporean investor cooperated with a Chinese citizen to invest in cryptocurrencies. The court ruled that the "contract is invalid and the risk is at its own risk", and the Singaporean investor's millions of principal were lost. The Chinese court directly ruled that the contract was invalid, on the grounds that virtual currency investment is an illegal financi...
The People's Court of Tongzhou District, Nantong City, Jiangsu Province, heard a case of converting virtual currency investment funds into loans, and rejected the plaintiff Han's request for repayment. Han and Ji were friends, and Ji suggested that Han invest in TEDA coins, claiming that he could earn high returns. Han purchased 2,000 TEDA coins through the platform, and Ji hosted it on his behalf. However, Ji did not fulfill his promise, and Han...
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