Dohrnii Labs Takes Legal Action Against Blynex for Alleged Token Liquidation

Dohrnii Labs, a learn-to-earn platform, has filed a police report in the UAE against local crypto exchange Blynex. The platform claims that Blynex illegally liquidated their DHN tokens valued at over $500,000 without consent. The incident has raised concerns about crypto exchange regulations.

Dohrnii Labs had deposited 12,649.99 DHN tokens with Blynex, expecting a secure transaction. Instead, the unauthorized liquidation has jeopardized the platform’s operations and investor trust. This action highlights the need for clearer investor protections within the crypto industry.