A court in Yinchuan’s Xingqing District resolved a virtual currency investment case through mediation, treating it as an entrusted investment contract dispute and ordering repayment of the plaintiff’s principal.
The People’s Court of Xingqing District in Yinchuan, Ningxia, resolved a civil dispute involving entrusted virtual currency investment through mediation. The court determined that the underlying legal relationship was an entrusted investment contract rather than another cause of action. The case concluded with defendant Li agreeing to return the plaintiff’s principal after the plaintiff withdrew claims against Hu.