A group of 6 people in Hebei were sentenced to more than 10 years in prison for off-site robbery of a cryptocurrency trader. For 400,000 USDT, several individuals risked their entire lives.
This case actually highlights an important issue. Many retail investors believe that virtual assets are invalid under civil law and therefore no one cares, but they don't realize these are two different matters. Although the 9.24 announcement explicitly states that personal transactions of virtual currencies are not protected in civil relations, this does not mean there is a legal vacuum at the criminal law
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