Victoria, Seychelles, March 17, 2025, Chain Wire
Recently, BYDFI has noticed misleading accusations against BYDFI on social media by the luxury of content creators. To ensure transparency and clarity for all users, BYDFI wants to present facts of the situation.
January 25th: Detecting abnormal trading activity
When the first account on Extravod reached a permanent risk limit, he opened a second account to bypass the limit. BYDFI identified unusual trading activities, and Extravod reminded us of BYDFI user agreements (9.2 and 9.3) and risk limitations of perpetual contracts.
January 26th: Admission and request for content deletion
Extravod claimed ignorance of this policy, but allowed it to create a second account for high frequency trading. BYDFI has requested the removal of misleading content from social media.
January 28th-29th: Contracts and Fund Transfers
After negotiations, an agreement was reached. All funds in the main account of extravod remained fully accessible, while deposit funds from the sub-account were merged into the main account.
Extravod has approved the resolution and publicly confirmed it. Next month he continued his business actively.
March 1 – March 5: Conflict and new demands
A month later, Extravod was re-engaged and asked for profit funds from the sub-account.
BYDFI Support has repeatedly said that all deposited funds have already been returned to the main account, pursuant to the January agreement.
March 11th-15th: Threats and false reports
Extravod escalated the situation and threatened to expose the issue on social media unless his demands were met. He changed his stance and now claims that the second account belongs to his family.
He then released a video urging his followers to pressure Bydfi to return the funds.
Five years. One Principle: Rules > Followers
BYDFI maintains integrity and transparency and ensures a fair trading environment for all users. All legal funds have been returned to extravod’s verified account, but violations of the rules have voided the transaction profits.
BYDFI does not tolerate any defamatory and delinquent behavior and reserves the right to take legal action against damages caused by misleading claims. Misuse of multiple accounts to bypass risk limits is a violation of policy 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 1,000,000 users around the world. BYDFI remains committed to providing a world-class crypto trading experience for all users. Buidl your dream finances.
Website: https://www.bydfi.com Support Email: cs@bydfi.com Business Partnership: bd@bydfi.com Media Inquiry: media@bydfi.com
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This press release is provided by BYDFI. The only statements and claims contained herein are BYDFI statements. ChainWire does not independently verify the accuracy of information, and encourages readers to conduct their own research before drawing conclusions. Chainwire, its parent, affiliates and partners shall not be liable for any loss, damage, or consequences arising from its reliance on this press release.
contact
Senior Marketing Director
Chloe
BYDFI FINTECH LTD
chloe@bydfi.com
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