Court Dismisses Virtual Currency Wage Claim in Shenzhen

According to PANews, a Shenzhen employee who was laid off after a probationary period received 20,000 yuan in wages and 10,000 yuan in compensation from the company. The employee claimed an additional 25,000 yuan in unpaid virtual currency wages and took the matter to court. The court ruled that the employee's evidence was insufficient and noted that Tether (USDT) is not recognized as legal currency. Consequently, the court ordered the company to pay an additional 10,000 yuan in compensation but dismissed the claim for virtual currency wages. The employee's appeal was rejected, and the original judgment was upheld.