1 thought on “Can the money after the platform be closed?”

  1. Legal analysis: illegal fundraising money must not come back. my country's law stipulates that if the third -party payment platform is closed down, there is no compensation for a fixed amount like a bank. After the money of the storage households must wait for the bankruptcy and liquidation, it can be compensated according to the corresponding proportion. It will be 100%.
    Legal basis: Article 3 of the "Measures for the Measures for illegal Financial Institutions and Illegal Financial Business Activities" refers to the establishment of an illegal financial institution in these Measures. Institutions of settlement, discounting of bills, loan borrowing, trust investment, financial leasing, financing guarantee, foreign exchange trading and other financial business activities. The preparatory organization of illegal financial institutions is deemed to be illegal financial institutions.

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