BYDFi has responded to misleading accusations from content creator ExtraVOD regarding account misuse. The situation began when ExtraVOD opened a second account to evade trading limits, prompting BYDFi to remind him of their User Agreement. Following negotiations, ExtraVOD admitted to the breach, and an agreement was reached allowing him to keep his funds accessible. However, after a month, ExtraVOD made contradictory claims and began threatening BYDFi to return funds, while BYDFi reaffirmed their stance on integrity and transparency in trading.
"When ExtraVOD's first account reached the perpetual risk limit, he opened a second account to bypass restrictions, prompting BYDFi to identify abnormal trading activities."
"Following negotiations, an agreement was reached. ExtraVOD acknowledged the resolution and publicly confirmed it, continuing to trade actively for another month."
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