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Taining court concluded a contract dispute over USDT as a financial object, involving about 157,000 USDT

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2025-02-23 09:43:24
Taining court concluded a contract dispute with "USDT coins" as the object of financial management, in 2021 Jiang and Lin met through the introduction of others to trade "USDT coins" through the establishment of WeChat group, from 2021 to 2022 Jiang has transferred money to Lin WeChat, bank transfer of about 100,000 yuan, Lin purchased about 76000U coins, Jiang also purchased 81000 U coins through Lin's designation, Jiang transferred the U coins he held to the platform in accordance with Lin's instructions, and Lin carried out the operation experience, but all the funds were exhausted by Lin's operation, so he filed a lawsuit to the court, and finally the court heard that the entrusted transaction and management of U coins are not subject to legal adjustment and protection in our country The plaintiff's claim is rejected.
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