On November 18, the People's Court of Xiangyin County, Hunan Province recently heard a case of repaying a loan with virtual currency. The court ruled that virtual currency does not have the same legal status and legal repayment as legal tender, and the borrower's use of virtual currency to repay debts is invalid. The case shows that the debtor Wang used virtual currency to repay 20,000 yuan of debt through the "TR foreign currency platform", which was later identified by the public security organ as suspected of virtual currency network pyramid scheme. The court cited the "Notice on Further Preventing and Handling the Risk of Hype in Virtual Currency Transactions" issued by the central bank and other ten departments in September 2021, and found that the repayment violated the financial management order. The court stressed that if any legal person, unincorporated organization or natural person invests in virtual currency and related derivatives contrary to public order and good customs, the relevant civil legal acts are invalid, and the resulting losses must be borne by themselves. The final judgment of this case still requires the debtor to perform the repayment obligation in legal tender.