The Good Tech Companies - Rules Over Followers: BYDFi’s Official Response to ExtraVOD’s False Allegations

Episode Date: March 17, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/rules-over-followers-bydfis-official-response-to-extravods-false-allegations. To ensure transparency and clarity for all users, BYDFi would like to present the facts of the situation： Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #bydfi, #chainwire, #press-release, #bydfi-announcement, #blockchain-development, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. BYDFi has been accused of misleading accusations made by the content creator of ExtraVOD on social media against BYDFi. ExtraVod claimed ignorance of the policy but admitted to creating a second account for high-frequency trading. The misuse of multiple accounts to bypass risk limits is a violation of policies across all trading platforms.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Rules over Followers. BideFi's official response to Extravid's false allegations.by Chainwire. Victoria, Seychelles, March 17, 2025, Chainwire. Recently, BYDFIHAs noticed misleading accusations made by the content creator ExtraVOD on social media against BYDFI. To ensure transparency and clarity for all users, BYDFI would like to present the facts of the situation January 25.

Detection of Abnormal Trading Activity When Extravid's first account reached the perpetual risk limit, he opened a second account to bypass restrictions. BYDFI identified abnormal trading activities and Extra VOD was reminded of ByteFi's user agreement, 9.2 and 9.3, and THE risk limits for perpetual contracts. January 26. Admission and request for content removal. Extra VOD claimed ignorance of the policy but admitted to creating a second account for high-frequency trading.

BYDFI requested the removal of misleading content from his social media. January 28-29, agreement and fund transfers, following negotiations, and agreement was reached. All funds in Extravid's main account remained fully accessible, while deposit funds from the sub-account whammered into the main account. ExtraVOD acknowledged the resolution and publicly confirmed it. Over the next month, he continued trading actively. March 1 to March 5, contradictory claims and renewed demands a month later, ExtraVOD re-engaged,

demanding profit funds from the sub-account. BYDFI support reiterated that, for the January agreement, all deposited fundshot already been returned to the main account. March 11-15. Threats and misinformation extra VOD escalated the situation, threatening to expose the issue on social media unless his demands were met. He altered his stance, now claiming the second account belonged to his family, he then released a video urging his followers to pressure BYDFI into returning the fund's.5 YEARS. One Principle

Rules greater than followers by DEFI upholds integrity and transparency to ensure a fair trading environment for all users. All legitimate funds were returned to Extravid's verified account, but trading profits were voided due to rule violations. BYDFI will not tolerate defamatory actions and reserves the right to take legal action against any damages caused by misleading claims. The misuse of multiple accounts to bypass risk limits is a violation of policies across all trading platforms. About BYDFI founded in 2020, BYDFI is recognized by Forbes as one of the top 10 global crypto exchanges, trusted by over 1 million users worldwide. BYDFI remains committed to

delivering a world-class crypto trading experience for every user. BUIDL your dream finance. website, https://www.bydfI.com support email, csatbydfI.com business partnerships, bdatbydfI.com media inquiries, mediaatbydfI.com.twitter, ex, linkedin, facebook, telegram, youtube this press release has been provided by BYDFI. The statements and claims contained herein are solely those of BYDFI. Chainwire does not independently verify the accuracy of the information and encourages readers to conduct their own research before drawing conclusions.

Chainwire, its parent company, affiliates, and partners shall not be held responsible for any losses, damages, or consequences arising from reliance on this press release. Contact Senior Marketing Director Chloe Bidefi Fintech LTD Chloe at bidefi.com. Tip This story was distributed as a release by Chainwire under Hacker Noon's Business Blogging Program. Learn more about the program here. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.