In recent years, the bitter appreciation of bitcoin has flooded many retail investors, but the huge fluctuations can cause huge losses in the short term.
In September 2017, the seven ministries, including the Central Bank, the Central Network Information Office and the China Securities Regulatory Commission, jointly issued the "Notice on Preventing the Financing Risk of Coin Issuance", characterizing the ICO as illegal and open financing, including CNN, Bitcoin China, OKCoin III Large platforms, including trading platforms have stopped trading business, followed by a variety of virtual currency prices fell sharply.
Recently, a man because of the purchase of bitcoin, Litecoin loss of more than 200 million yuan, will buy the website fire currency net appeal to the court, the result of the user agreement agreed arbitration clause, the prosecution was rejected by the court.
According to the Haidian court informed, the man claims that during the period from November 2013 to June 2016, he has paid a total of 322,966 yuan for the firefighting net and 104,772 for the loss of 217,194 yuan from the firefly net. The losses are all made through the bitvc website Account for 20 times the leveraged bitcoin, Litecoin transactions caused.
The man claimed that the fire currency network knows that the virtual futures trading is illegal, but still through the establishment of bitvc website and set up a link in the fire coins, high leverage and lure phone calls, etc., to induce registered users of fire coins into the bitvc website Up to 20 times the leverage of the virtual currency futures trading.Mobile network and then through the control of backstage data, fraud and other ways of fraud, resulting in Mr. Chen damaged, it requires fire money network compensation for the loss of bitcoin 52.8567, Litecoin 815.9731 A
