2026-01-19 10:21:44

Investing in virtual currencies often carries greater risks than you imagine.

Recently, Xiamen prosecutors announced a case: an employee of an issuing company suffered significant losses in a short period due to participation in virtual currency investments, ultimately embezzling 1.53 million yuan of company funds to invest in BTC and other virtual currencies, resulting in total loss. The court sentenced him to two years and three months in prison.

This case has come to light since 2024. What seems like a simple investment decision ultimately turned into a criminal case — not only did the virtual currency investment go bust, but the individual also paid a legal price.

This reminds us of a few realities: the virtual currency market is highly volatile, and losses can come quickly; using illegal means to cover losses will only make things worse; any investment should be within your own risk tolerance, and avoid relying on others' funds to turn things around.

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GasWrangler

· 01-22 09:41

honestly if you actually analyze the transaction data here, dude got liquidated hard and then made it mathematically worse by stealing... like, sub-optimal decision making on every level tbh. the real lesson? don't leverage with borrowed capital, that's just gas-inefficient portfolio management fr

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