### Cryptocurrency Scam Exposed#

Recently, Chengdu Courts released the Top 10 Typical Cases of 2024, revealing a "GUCS" virtual currency fundraising fraud and money laundering case involving over 29,000 participants and a total loss of over 1.7 billion yuan. The defendants, including Wang, promoted the economic value and investment prospects of "GUCS" coins, developing a network of downstream participants through recruitment. They were eventually sentenced to life imprisonment, deprivation of political rights for life, and confiscation of all personal property. This case serves as a stark reminder that virtual currency investment is extremely risky, and investors should exercise caution and avoid falling prey to scams. Additionally, Chengdu Courts disclosed a case involving a dispute over a "mining machine" purchase contract between a Singaporean company and a Sichuan real estate company. The case involved the performance of the "mining machine" purchase contract, with the final judgment requiring the Sichuan real estate company to refund the Singaporean company for the paid goods and transportation costs.