The Wuxi Intermediate People's Court dismissed a case involving a "virtual dollar" investment dispute, leaving investors with little legal recourse for their losses.

Odaily Planet Daily reports that the Wuxi Intermediate People's Court has disclosed a case involving "virtual US dollars." A party entrusted another person to invest 84,350 yuan on a platform and exchange it for 13,000 virtual US dollars. However, after the platform crashed, only 0.1 yuan could be withdrawn. The court found that the party made the investment independently and managed the account independently. However, the operation on the overseas platform was not registered as required and is not protected by Chinese law. Ultimately, the court dismissed the lawsuit, determining that the party borne the investment risk.