According to a report by Guangzhou Daily New Flower City, a man in Guangzhou lent 1 unit of cryptocurrency to a friend, agreeing it would be returned in two days. However, the friend failed to return it on time, leading the man to file a lawsuit demanding the return of the cryptocurrency or compensation based on its market value. The Guangzhou Intermediate People's Court ruled that the cryptocurrency lending agreement was invalid and did not support the return of the cryptocurrency or compensation based on market value. However, the court recognized cryptocurrency as virtual property on the internet, and the borrower was still required to compensate the lender for their financial loss. Ultimately, the court ordered compensation based on the lender's purchase cost of the cryptocurrency, amounting to 199,600 yuan. https://(wublock123.com)/news/guangzhou-intermediate-court-rules-loaned-crypto-not-returnable-compensate-cost-67800