最新报道：According to Bijie.com, on September 11th, the Guangzhou Intermediate People's Court held a press conference on the achievements and typical cases of foreign-related, Hong Kong, Macao, and Taiwan civil and commercial trials. A sales contract involving offshore virtual currency mining machines was declared invalid due to its disruption of my country's financial order. Wang Mouming and Zheng Mou, both Chinese citizens, negotiated via WeChat. Zheng paid Wang Mouming 1.024 million yuan for 24 dedicated servers for virtual currency mining (hereinafter referred to as "mining machines"), and agreed to ship the mining machines to Mongolia for operation and maintenance, with Zheng and Chen Mouxiong covering the electricity costs. However, after arriving in Mongolia, the mining machines frequently experienced online issues and remained under Wang Mouming's control, with no delivery. Zheng therefore requested a declaration that the sales contract was invalid. Wang Mouming argued that Mongolian law governed the case and that the contract was valid. Chen Mouxiong clarified that he and Wang Mouming had no sales relationship and did not claim ownership of the mining machines. The Guangzhou Intermediate People's Court ruled that, although this case involves foreign elements, the parties involved are Chinese citizens. The contract between the two parties, which stipulated the sale and purchase of mining machines and their shipment to Mongolia for Bitcoin mining, implicates public interests in China, including the ecological environment and financial security, and is therefore governed by Chinese law. The mining machines involved are specialized equipment for mining, which is energy-intensive, and virtual currency transactions are illegal financial activities that disrupt my country's financial order. The contract is therefore invalid due to its violation of public order and good morals, and the court will make decisions based on the degree of fault on both sides and the performance of the contract. (Guangzhou Daily)