(1) It is difficult to file a case. Many investors' reports were not accepted. The reasons are usually: the amount of loss of a single investor or multiple investors is less than 300,000, which can't meet the legal prosecution standard; The victim reports the case to the local public security organ, and the local public security organ considers it inconvenient to administer, and informs the victim to report the case to the public security organ where the trading platform is located; The victim reported the case to the police where the platform is located and was told to solve it through the court.
② The public security department did not determine whether a certain transaction belongs to the function of futures trading. According to the division of powers and responsibilities of state organs, the authority to determine whether a transaction constitutes futures trading lies with the securities regulatory department. In the process of investigating such cases, the public security department needs to consult the securities regulatory department, which can draw a conclusion before making a qualitative analysis. However, it is a long process for the securities regulatory authorities to verify a large number of materials from accepting the application for approval to launching an investigation and making a conclusion.
(3) Cases involving multiple banks and payment platforms are often cross-provincial or even cross-border, with high cost and great difficulty in investigation.
Therefore, it is the only way to recover the loss through civil litigation. But remember not to choose fraud as the cause of action, because if a spot trading center or a member company commits fraud, it usually prevents investors from buying and selling by manipulating the data in the background server or creating the illusion of network congestion at a critical moment, and deliberately leads the buyer in the wrong direction through the so-called "teacher". For the above situation, either the evidence is completely mastered by the other party, or it is subjectively difficult to determine whether it is "intentional", and it is very difficult to sue for fraud. Therefore, in this kind of litigation, if there is no definite evidence to prove the fraud of the other party, it should not be prosecuted for fraud, but for illegal futures trading according to its trading methods and characteristics, and a judgment is required to confirm that the contract is invalid. However, the litigation process will be very complicated, and the other party is a large company with certain strength and background, so it is inevitable to hire a lawyer to respond to the lawsuit, so I suggest you also hire a professional lawyer to handle it.
Reference website: goodsattorney.top