Dohrnii Labs dey accuse Blynex Exchange say dem do liquidation wey no be authorize, trust palaver dey rise
Dohrnii Labs, wey be financial edu platform, don talk say Blynex Cryptocurrency Exchange no get right to sell 8,650 DHN tokens wey result for dem get 149,151 USDT. Dem say Blynex do am without say dem get permission, and e make DHN’s market value fall and investors no dey trust the token again. After wetin dem say na liquidation, Dohrnii try withdraw 4,000 DHN tokens wey remain but e no work. Blynex talk say na automatic risk management system make dem sell am because liquidity dey low, but Dohrnii don report the matter for UAE and don carry am go police make dem look am into. As e be, people dey fear say Blynex no dey transparent enough and na scam people dey link dem with. The wahala wey dey go on now dey show the bigger problem of trust and security wey dey inside crypto exchanges, and e fit cause market to dey shake.
Bearish
Di mata wey dey between Dohrnii Labs and Blynex Exchange dey show serious wahala about trust and how dem dey run things for cryptocurrency exchanges. Unauthorized liquidation and dem wey no gree do wetin dem suppose do for contract fit make investors no trust some exchanges again and e go still affect how people dey see di stability of di coins wey dey involved, like DHN. For di past, this kain issue don dey cause market to go bearish because traders go dey fear to do business with platforms wey dem see as risky, and e go fit make liquidity go down and volatility go escalate for di affected cryptocurrencies.