Holy hell no.
The code you provided could be risky because:
No Data Checking: It directly uses data from an API without checking if it's safe or correct.
Dynamic Properties: Adding properties to an object on the fly can make the code hard to manage.
External Data Dependency: Relying on API data structure without checks can lead to issues if the API changes.
If you don’t know the data is safe (it’s not), it’s a lot better to use an associative array. Additionally, if it’s from a json, it’s quicker and easier to iterate over array. Don’t make it complicated for no reason.