The Shanghai court determined that BTC should be protected by law

According to an interface news report, the Shanghai No. 1 Intermediate People’s Court publicly pronounced an appeal for a bitcoin foreign property damage compensation dispute. The second trial determined that bitcoin is a virtual property on the network and should be legally protected. All bitcoin obtained through illegal means should be returned or compensated at a discount. It is reported that the amount of bitcoin involved in the case was 18.88 bitcoins.