News

DWF Labs Partner Accused of Drugging Job Applicants And Fired Immediately

Key Points:

  • A DWF Labs partner, identified as Eugene Ng, allegedly drugged and attempted to coerce a job applicant, Hana, during an October 24 meeting in Hong Kong.
  • Hana reported the incident to Hong Kong authorities, backed by surveillance footage and testimonies from waitstaff, which reportedly corroborate her claims.
A DWF Labs partner has become the focus of an investigation after allegations that he tried to drug and coerce a job applicant.

Read more: Is DWF Labs Market Manipulation Being Covered By Binance, Or Is There An Important Secret?

Drugging and Coercion Claims Emerge Against DWF Labs Partner

The incident is said to have taken place on October 24, with the alleged victim, identified as Hana, saying that she met the accused DWF Labs partner in Hong Kong regarding possible career opportunities in the crypto world.

Hana of a Tokyo-based USD fund said that, during the meeting, the DWF Labs partner put unidentified objects into her drink while she had left the table briefly to use the restroom. She said she returned, took a few sips and left the bar because she wanted to take a call. A waiter approached her and told her what the man did.

On X, Hana wrote about how she was looking to transition professionally from Web 2.0 into Web3. She said from there, he hit her up, pestering her to come join him in his hotel suite, telling her, “I’ll take you to get a taxi. I have a suite in Murrary. If you treat me well, I can give you more inside information.”

Hana flew back to Hong Kong on October 29 to file a report with the police and handed over closed-circuit television footage and testimony from two waitstaff members. Wu Blockchain reported that the reviewed footage corroborates the evidence.

DWF Labs Responds: Partner Dismissed Amid Internal Investigation

The accused partner, identified on social media by user AB Kuai Dong as Eugene Ng, a co-founder of OpenEden and DWF Labs partner, has deleted his X account. DWF Labs later announced Ng’s removal from all managerial and operational roles, saying in response that the firm is “aware of the recent and deeply concerning allegations involving one of our partners.” The firm promised an internal investigation.

DWF Labs went on to state that a full inquiry into the matter would ensue, emphasizing that the allegations against it expose unacceptable behaviour that is out of step with the principles the company supports.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

5 Must-Know Cryptocurrencies for Investors: Qubetics, Stellar, Avalanche, NEAR, and Monero

Today, we spotlight five exciting tokens that are making waves for different reasons: Qubetics, Stellar,…

49 mins ago

Hong Kong Eyes RMB-Backed Stablecoins for Next Step in Digital Growth

Hong Kong shows growing interest in RMB-backed stablecoins as part of its digital asset push.…

1 hour ago

BlockDAG Secures $105.4M and Debuts New Site; RAY Bulls Ahead, SCR Shows Weakness

Discover BlockDAG's impressive website overhaul and over $105.4M raised! Meanwhile, Raydium trends upward as Scroll…

5 hours ago

Crypto Rush Alert: BlockDAG Launches a Limited-Time 100% Bonus Offer! Render Forecast Shows Rally & XRP Hits ATH

Explore BlockDAG's new 100% bonus on BDAG purchases that lets crypto enthusiasts double their holdings.…

6 hours ago

Fake a16z Crypto Scammers Target Users with Phony Podcast Links

a16z crypto has issued a public warning about a growing number of crypto scammers targeting…

6 hours ago

Plus Wallet & Ledger Live: A Side-by-Side Review of Cross-Chain Features, Privacy Measures, & NFT Support

Explore the differences between Plus Wallet & Ledger Live, focusing on features from cross-chain rewards…

6 hours ago

This website uses cookies.