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[Sichuan court ruled in a case of virtual currency transaction that the debit note was invalid and the trading platform stopped at its own risk] it was reported on June 27 that recently, the people's Court of Sichuan pilot free trade zone held a court session to hear a case of virtual currency transaction. In this case, Mr. Wang transferred RMB 1.5 million to Mr. Li and agreed that Mr. Li would invest in the virtual currency trading platform. Later, Mr. Li failed to return the income on schedule because the transaction price of the virtual currency fell. Mr. Wang restricted his personal freedom and asked Mr. Li to issue a debit note, agreeing that Mr. Li would transfer a certain amount of virtual currency to Mr. Wang as the final sale of the actual amount on the trading platform to offset the above debts. After Mr. Li transferred the virtual currency to Mr. Wang according to the agreement, Mr. Wang only sold part of the virtual currency and withdrew cash because the trading platform stopped operating, and the rest could not be traded. Therefore, he sued the court to request Mr. Li to repay the remaining amount. After hearing, the court held that the case did not conform to the logic and trading habits of general private lending, so it was determined that there was no lending agreement between the two parties. Secondly, investing in virtual currency is an unapproved illegal investment and cannot be protected by law. The remaining virtual currency is not offset because the virtual currency trading platform is stopped. The resulting risks and losses should be borne by Wang. Therefore, the judgment rejected Wang's claim. Later, Wang appealed. The court of second instance rejected the appeal and upheld the original judgment. (CNR)