[Shandong Court Handles Virtual Currency Investment Loss Case, Rules Plaintiff Responsible for Own Losses] Odaily Planet Daily News: The Zhangqiu District Court released a typical case. Liu entrusted his friend Zhang to invest in purchasing Alpha Coin. Shortly after the investment, the platform became inaccessible. Zhang informed Liu that the platform and related personnel were suspected of criminal activities and had been filed as a case by the police, making the investment funds unrecoverable. Liu filed a lawsuit against Zhang, citing the entrustment contract, demanding the return of the investment funds. The court ruled that investing in virtual currency disrupts financial order and endangers financial security. The entrustment contract established between the two parties was deemed invalid. Zhang did not profit from the entrusted actions, and Liu's losses were the result of engaging in illegal financial activities and the associated investment risks, which are not protected by law. The court dismissed Liu's claims. The court emphasized that, according to the notice issued by the People's Bank of China and ten other departments, business activities related to virtual currency are considered illegal financial activities. Civil legal actions arising from such activities are invalid, and any resulting losses are to be borne by the investors themselves.