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Sunday, April 20, 2025

Rules Over Followers – BYDFi’s Official Response to ExtraVOD’s False Allegations - The Daily Hodl

March 17, 2025 – Victoria, Seychelles

Recently, BYDFi has 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, 2025 – Detection of abnormal trading activity

When ExtraVOD’s first account reached the perpetual risk limit, he opened a second account to bypass restrictions.

BYDFi identified abnormal trading activities, and ExtraVOD was reminded of BYDFi’s user agreement (9.2 and 9.3) and the risk limits for perpetual contracts.

  • January 26, 2025 – Admission and request for content removal

ExtraVOD 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, 2025 – Agreement and fund transfers

Following negotiations, an agreement was reached.

All funds in ExtraVOD’s main account remained fully accessible, while deposit funds from the sub-account were merged into the main account.

ExtraVOD acknowledged the resolution and publicly confirmed it. Over the next month, he continued trading actively.

  • March 1-5, 2025 – Contradictory claims and renewed demands

A month later, ExtraVOD re-engaged, demanding profit funds from the sub-account.

BYDFi support reiterated that, per the January agreement, all deposited funds had already been returned to the main account.

  • March 11-15, 2025 –...


Read Full Story: https://news.google.com/rss/articles/CBMirwFBVV95cUxOQXhMODA1SFpPUlp4UUx3WHBW...