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.
If the policy is soon after the introduction of the sale, will undoubtedly cause the value of the sharp decline in. Recently, Haidian Court accepted a man jointly sued ICO trading platform.
Men claimed that on September 2, 2017, 44454 ICO coins they bought from bitcoin China were transferred to the JuNai website. On the same day, another 27000 ICOs with an average price of 4.36 yuan currency.
At about 1:00 AM on September 3, 2017, the plaintiff found 44454 ICO coins stolen on the multi-currency network platform. The multi-currency network acknowledged the loopholes in the platform and returned 44,454 ICO's at 10:00 on the 5th of September currency.
ICO currency stolen during the new policy introduced ICO currency from the relevant trading platform after another shelves, and the price has become a few cents , The defendant's fault led to the plaintiff can not be traded timely, a significant loss.
Men claimed that the poly-currency network platform did not pass the investigation in advance, knowing that the ICO currency is an air currency. In order to charge a high amount of money and buying and selling commissions, letting the ICO currency trade on the platform directly resulted in a large loss to the plaintiff.
The plaintiff believes that from the perspective of protecting the interests of investors, the defendant should return the plaintiff to buy 117720 yuan of ICO coins from the poly-coin online and compensate the plaintiff for the loss of 193,819.44 yuan according to the average ICO value on September 2.
At present, the case is under further investigation.
