Legal analysis: the victim Fu said that he met a netizen who sold mining machines through WeChat chat. He said the supply was stable and Fu only ordered from him. Fu said that the other party had previously claimed that they could get a large number of low-priced mining machines online, so everyone bought thousands of bitcoin mining machines from the suspects in the form of so-called "futures" that were ordered for two months at a price of tens of thousands. At first, Fu had some doubts, but because the previous purchase was not large, the other party was able to deliver the goods on time, which dispelled their concerns. Therefore, the other party has become a red man in the circle. People look for him to buy mining machines through various channels, and then resell them at high prices.

Legal basis: Article 266 of the Criminal Law of People's Republic of China (PRC) defrauds public or private property, and if the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also, or shall only, be fined, or if there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than 10 years, fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated.