Crypto lending invalidated by Chinese court in second landmark ruling

by Aurelia Butler 12 October 2023, 13:20 189 Views

According to an Oct. 10 press release by the Nanchang People’s Court, in April 2021, an individual known as Mr. Ming lent a total of 80,000 Tether (USDT) to an individual known as Mr. Gang for stablecoin trading. The loan was to be repaid within six months. However, Mr. Gang defaulted on the loan, leading Mr. Ming to sue his counterparty in court.

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Source: Cryptocurrency - investing.com

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Crypto lending invalidated by Chinese court in second landmark ruling

Fed seen less likely to stick to rate pause after inflation data

AMC CEO identified as the victim of an online blackmail attempt last year

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