*Data last updated: 2026-04-07 21:22 (UTC+8)
As of 2026-04-07 21:22, Morgan Stanley (MS) is priced at $168,43, with a total market cap of $266,55B, a P/E ratio of 16,54, and a dividend yield of %2,33. Today, the stock price fluctuated between $165,34 and $168,92. The current price is %1,86 above the day's low and %0,29 below the day's high, with a trading volume of 1,33M. Over the past 52 weeks, MS has traded between $114,67 to $192,68, and the current price is -%12,58 away from the 52-week high.
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An investor in Shanghai, China, invested 1.05 million yuan in virtual currency. After encountering platform withdrawal issues, they sued the court for compensation, but the court dismissed their claim.
BlockBeats News, February 13 — The People's Court of Jing'an District, Shanghai, China, recently heard a case involving an improper profit-taking dispute caused by virtual currency investment. Ms. Wu was persuaded by a live stream host to invest 1.05 million yuan in virtual currency trading. After being unable to withdraw funds from the platform, she filed a lawsuit seeking compensation. However, her claims were dismissed in both the first and second trials, and she was ultimately responsible for bearing all losses herself. This final judgment serves as a warning to all investors who indulge in wishful thinking and blindly engage in virtual currency speculation. In November 2019, Ms. Wu received a sales call and, under the guidance of a live stream investment host, downloaded a virtual currency trading app. Through this platform, Ms. Wu made successive investments totaling 1.05 million yuan, reaching agreements with eight sellers, including a transaction of 80,000 yuan with Mr. He. Later, Ms. Wu discovered that she could not log into the trading app, and the virtual currency worth 1.05 million yuan in her account on the platform could not be withdrawn. In 2024, Ms. Wu reported the incident to the local public security authorities and filed a civil lawsuit in court, claiming that Mr. He should return the 80,000 yuan transaction amount on the grounds of improper profit. Mr. He argued that he was a member of a certain digital trading platform, was selling USDT digital currency through order placement, had not registered an account on the platform Ms. Wu referred to, and that the transaction was completed after the funds were received, so there was no improper profit. After review, the Shanghai Jing'an District People's Court held that, according to the relevant provisions of the Civil Code of the People's Republic of China, civil subjects engaging in civil activities must not violate laws or violate public order and good morals. In this case, the USDT involved is a virtual currency, which does not have the same legal status as legal tender. Activities related to virtual currency are considered illegal financial activities. **Ms. Wu's investment transactions involve virtual currency-related business activities, and trading virtual currency disrupts the national financial regulatory order, violating public order and good morals, and constitutes an invalid civil legal act. The losses arising from this should be borne by her alone.** In conclusion, the Jing'an District People's Court dismissed all claims filed by plaintiff Ms. Wu. Dissatisfied with the judgment, Ms. Wu appealed. After review, the second-instance court dismissed the appeal and upheld the original ruling.
2025-12-12 05:48CCB responds to Dogecoin transfer note being locked: high risk detected, account will be set to "no deposit, no withdrawal" status
ChainCatcher message, recently, Ms. Yu and her husband transferred 250 yuan to each other via China Construction Bank as pocket money, with the note "This week's Dogecoin," and were investigated and had their accounts locked by the bank. The two received calls from CCB staff to verify their relationship and the reason for the transfer note, and they said that the note triggered "virtual currency control," and the account would be set to a "no deposit, no withdrawal" status. The staff at the account-opening branch told Ms. Yu that to unfreeze the account, she needed to submit her husband's bank statement for the past few months, and after approval, she would need to write a letter of commitment, promising that there had been no virtual currency transactions previously and that she would not participate in virtual currency transactions in the future. Her husband, strongly opposed to directly restricting the account usage, is negotiating with the staff at his account-opening branch. In response, China News Weekly called the China Construction Bank customer service hotline for consultation, and staff said they had not yet received any information related to virtual currency control and suggested consulting the relevant branch for specific details. Subsequently, China News Weekly inquired at a branch of Tianjin CCB where Ms. Yu's account was opened, and staff said they were unaware of the situation. However, the staff at a Dalian branch of CCB where her husband's account was opened stated that if the account involved virtual currency transactions, the bank would impose a "no deposit, no withdrawal" control. If the transfer note mentioned "Dogecoin," proof materials would be required to demonstrate that the note was unrelated to virtual currency. But the problem lies in how to prove this; if only bank statements are available, they cannot serve as valid proof, so such controlled accounts cannot be unfrozen and can only be closed. As for the specific regulations, the other party did not give a clear response. Currently, Ms. Yu has submitted her husband's bank statements and a handwritten commitment letter, and is applying to lift the account restrictions; her husband’s bank branch staff replied that once they submit their marriage certificate, they can apply to lift the restrictions. According to Xinhua News Agency, the China Internet Finance Association and six other associations jointly issued a risk warning, requiring members not to participate in virtual currency, real-world asset token issuance, and trading activities within the territory, and reminding the public to recognize risks and stay away from illegal activities.
2025-12-02 02:41The Shanxi court in China has cracked a USDT fraud case, with two accomplices receiving heavy sentences.
BlockBeats news, on December 2, the Wanfanglin District Prosecutor's Office in Taiyuan City, Shanxi Province, China recently pronounced the first-instance verdict on the case of Chen and Li, who were prosecuted for concealing and hiding criminal proceeds. The court accepted the sentencing suggestions from the prosecution and sentenced the two to two years and six months, and one year and six months of imprisonment respectively, along with fines. In May this year, Ms. Zhang met "Lin Hao" (who has not been apprehended) on a short video platform. "Lin Hao" falsely claimed that his comrade worked for a well-known company and had access to information on the company's stock rise and fall, claiming that one could sign up for an account on the company's internal website to "buy long" and profit (claiming a 5% return per period), but it required USD transactions, and cash had to be exchanged for USD with designated merchants before being transferred to his comrade's USD account, which would then be transferred to the company's account. On May 21, Ms. Zhang followed "Lin Hao"'s instructions and brought 1.47 million yuan in cash to a hotel in Wanfanglin District to prepare for exchanging for USD. Following instructions from the upper-level, Chen and Li went to connect with Ms. Zhang. Ms. Zhang forwarded the USD account provided by "Lin Hao" (which was actually the scammer's USD account) to the upper-level through Chen, who then transferred a total of 202,328 USD (approximately 1.47 million yuan) to that account in three installments. Subsequently, Chen and Li handed over the 1.47 million yuan in cash received from Ms. Zhang to the upper-level. However, "Lin Hao" failed to transfer the funds to the account Ms. Zhang had opened with the company as agreed, and upon realizing she had been scammed, Ms. Zhang reported to the police. The prosecuting officer reviewed the case files immediately and consulted with investigators, proposing the core investigative direction regarding the actions of suspects Chen and Li: to collect chat records to secure evidence that the two "knew the funds were abnormal"; to clarify the flow of funds, tracing the final destination of the USD through data from virtual currency trading platforms, and confirming the objective fact that they assisted in transferring criminal proceeds. After investigation, the public security organs transferred the case to the Wanfanglin District Prosecutor's Office for review and prosecution on August 17. After examination, the office found that Chen and Li both stated they "knew the fund operations were too concealed, and it was a large cash transaction, which definitely had problems," and that the two received a benefit fee of 30,000 yuan afterwards, which was enough to establish that they were aware it was criminal proceeds; their behavior in assisting with the "cash → USD → USD" cross-border conversion constituted the act of "concealing and hiding criminal proceeds." After the verdict, the office issued a risk warning letter to relevant units, outlining the typical characteristics of "investment scams + virtual currency money laundering," and jointly carried out anti-fraud publicity activities with anti-fraud centers and other relevant units. Sun Yinping, the chief prosecutor of the Wanfanglin District Prosecutor's Office, stated that in response to new types of telecom network fraud-related crimes, the office will continue to deepen the "investigation-prosecution collaboration + precise prosecution + social governance" mechanism, aiming to combat fraud crimes while severely punishing criminal "accomplices," fully protecting the property safety of the public. (Justice Network)






















































































































































































































































