[Dispute over virtual currency transaction, Hunan court in China dismisses plaintiff’s buyer’s lawsuit] On September 16, according to the Legal Network, the People’s Court of Yuanjiang City, Hunan Province, recently heard a dispute case caused by the sale of virtual currency. In this case, Zhou found his friend Dai, hoping to help him buy BZZ virtual currency (a kind of encrypted virtual currency) for investment. So, Dai was entrusted by Zhou to buy BZZ virtual currency from Zheng and "send" the virtual currency to Zhou’s imtoken wallet. But after a while, Zhou sued Zheng in court, demanding the return of 76,518 yuan of funds for the purchase of BZZ virtual currency and payment of funds occupation fees. After trial, the court held that civil subjects shall not violate legal provisions and public order and good customs when engaging in civil activities. BZZ coin is a network virtual currency similar to Bitcoin, which is not legally enforceable and should not and cannot be circulated and used as currency in the market. Virtual currency-related businesses are illegal financial activities. Citizens participating in virtual currency transactions must bear their own investment risks. The entrusted transactions, management and refunds of BZZ coins between Zhou, Zheng and Dai are not protected by law in my country. The consequences of such actions should be borne by them. Zhou's request for Zheng to return the funds of 76,518 yuan for purchasing BZZ virtual currency and pay the fund occupation fee has no factual and legal basis, so the final judgment dismissed Zhou's lawsuit. After Zhou appealed against the judgment, the second-instance court upheld the original judgment.