DOHRNII Blanex Laboratories are accused of symbolic assets that illegally describe

The DOHRNII LABS recognition platform presented a police report in the United Arab Emirates, accusing the exchange of local coding of Blanex of liquidating the distinctive symbols without permission and failing to provide a promised loan.

According to a joint statement with Cointelegraph, DOHRNII LABS deposited 12,649.99 of DOHRNII (DHN) – estimated at more than $ 500,000 – with Blanex. On March 23, the company said it used 8,650 of these symbols as a 30 -day loan for 80,000 USDT (USDT).

Dohrnii claims that the stock exchange was not submitted. Moreover, the team said that Blanex filtered its location of 8,650 DHN on the uniswap, where it got 149151 USDT and causes a decrease in the market value of the distinctive symbol.

The company said that attempts to withdraw the remaining 4000 DHN codes did not succeed.

Blylynex claims that it was the management of automatic risk

Mike Passis, co -founder of Blynex, told Cointelegraph that the accident was part of the “automated risk management system”. Baskes claimed that their system has discovered high risks that the warranty will decrease dramatically in the case of filtering.

Blanex official said that when the symbols were sold, he was only born $ 145,000 instead of the original amount, “Plinx official said. He pointed out that the symbolic liquidity DHN was limited, with only $ 315,000 at the time of treatment.

The CEO claimed that Blanex took a measure to prevent financial losses:

“Given this liquidity restrictions, the system realized a high risk of loss if the warranty was not met immediately, as it will be difficult to sell symbols at a positive price in the current market.”

Dohrnii Labs has been stabbed in this interpretation, as the justifications for Blanex called “misleading” and claimed that the refinery guarantee is of the value of nearly twice the value of the loan.

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DOHRNII Labs threaten legal procedures against Blenex

In response, dohrnii laboratories foot The police report in the United Arab Emirates has threatened to take legal measures against the exchange of encryption.

The representative of the Dohrnii Cointelegraph Laboratory reported that the police report was only a “first step”. The actor said, if Plinix ignores their contacts, they will go up legally:

“Since the project and individuals responsible in the United Arab Emirates, we are also communicating with local organizers, including VARA, ADGM and other relevant authorities. Moreover, we are in contact with other affected projects and are actively exploring the possibility of a joint legal procedure.”

The team said that they want to ensure accountability through the legal system and regulatory control.

Tell Dohrni Cointelegraph that Blylynex tried to settle the matter by submitting $ 80,000 and allowing 4000 DHN icons to withdraw.

However, the stock exchange added a condition that the platform will drop all legal procedures. “This is unacceptable,” said Dohrnii Labs.

“The distinctive symbols of 4000 DHN are the user deposits – not negotiable assets. The right to withdraw this money should not be discussed,” Dohrnii Labs added.