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DWF Labs Dismisses Partner Over Drink Spiking Allegations

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2 days ago


Prominent crypto trading firm DWF Labs announced the dismissal of a partner after allegations of drink spiking emerged on social media. The incident has sparked discussions on workplace safety in the industry.

Allegations Surface on Social Media

The allegations were brought by Hana, a venture capitalist exploring Web3 opportunities. She claimed on X (formerly Twitter) that her drinks were tampered with multiple times during a meeting with Eugene Ng at a Hong Kong bar. Hana reported the incident to the authorities and shared evidence including photos and a police report.

DWF Labs Responds

Following Hana’s post, DWF Labs released a statement confirming the dismissal of a partner amidst serious allegations of inappropriate behavior. The firm stated it is investigating the claims and removed Ng from all roles. Ng has since deleted his X account.

Industry Reactions and Implications

The allegations against Ng have prompted discussions about workplace safety and conduct in the crypto sector. DWF Labs’ swift response drew mixed reactions, emphasizing the need for clear conduct policies and safety protocols.

The investigation is ongoing, with further developments expected as authorities review evidence. The incident highlights the importance of maintaining a safe professional environment in the fast-evolving crypto industry.

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