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I think there are two layers of meaning here:
1️⃣Investment freedom, but this is an unprotected market where you bear the risk yourself!
2️⃣This is an individual case and a civil lawsuit. Situationally, things like this can be big or small, but there's considerable room for operational discretion.
Actually, from another angle: if Zhang in this case profited from it, or if the people Zhang invited weren't just Liu, but became a group incident, then this likely wouldn't be handled so lightly.
Group incidents are serious, profits are worth pursuing and recovery, and there are many charges that could be applied—starting with illegal business operations.
Overall, I'm making two points:
1️⃣If you're investing, keep your eyes open. Domestically, you're competing in a market without sovereign credit backing, so you bear the risk yourselves, and the likelihood of recovering losses is low.
2️⃣But if you're thinking about exploiting loopholes to defraud people, or if you think the mainland is a lawless zone, absolutely don't. This is a single case, but enforcement methods vary by location. Trust me, don't test the law, follow the rules and live an honest life, don't get any crooked ideas. There are many smart people in law enforcement, and when efficiency is needed, it can be remarkably high.