Investor sues Huobi to recover funds

Wang Tieliang, a bitcoin investor filed a suit against Huobi, a cryptocurrency exchange and two of its partners in Beijing. During 2016, Tieliang invested 1.4 million yuan to gamble on bitcoin. The suit was filed to recover 400,000 yuan which was lost while trading. However, the court’s judgment over the case discoursed that investors are responsible for their own losses.  

 

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