A court in Anhui, China, has ruled that transactions involving Tether (USDT) violate public order and are not protected by law. The case centered on a dispute where Ding purchased 1,300 Tether tokens from Wu for 9,672 RMB. Ding later sought a refund, claiming Wu's profit was unjust. The court dismissed the claim, declaring the Tether trade invalid and stating that any losses incurred should be borne by the involved parties.
Anhui Court Declares Tether Transactions Unlawful, Denies Legal Protection
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.