DWF Labs Considers Suing Eugene Ng for Malicious Intent Towards a Partner

The founder of DWF Labs announced that they are considering suing former manager Eugene Ng for his behavior of "spiking" the drink of female partner Hana.

Dwf Labs Considers Suing Eugene Ng For Malicious Intent Towards A Partner

A wave of outrage is sweeping through the crypto community after a serious incident was brought to light. Andrei Grachev, co-founder of DWF Labs, recently announced on platform X that the company is considering legal action against former manager Eugene Ng.

Andrei Grachev, co-founder of DWF Labs, recently announced on platform X that the company is considering legal action against former manager Eugene Ng
Andrei Grachev, co-founder of DWF Labs, recently announced on platform X that the company is considering legal action against former manager Eugene Ng

The reason stems from allegations that Eugene Ng drugged a female business associate’s drink. The victim, Hana (X account @hananotsorry), is an employee from a traditional investment fund. According to her account on October 24, the incident occurred during a business meeting.

Related: What is DWF Labs? Exploring the Most Notorious Investment Fund in the Crypto Market

“He had repeatedly reached out, inviting me to join a project that, in his words, was a perfect fit for my experience,” Hana recounted. “As someone new to crypto and eager to learn, I agreed to meet.”

During the meeting, after Hana left the table briefly to use the restroom, a female server warned her upon her return that her drink had been tampered with. Fortunately, security cameras in the restaurant captured the suspect’s actions. Hana promptly reported the incident to the police and shared her story publicly to alert other women in the crypto industry.

The image of Eugene Ng spiking a drink.
The image of Eugene Ng spiking a drink

The consequences have extended beyond Eugene Ng’s dismissal from DWF Labs. OpenEden, a project co-founded by Ng, has also announced it is severing ties with him. DWF Labs is currently considering legal action as the incident could severely damage the company’s reputation.

0.0/5

Love

Latest

Azcnews South Korea Channels $19 Billion Into Crypto And Stock Markets

News | Editor Choice | Policy & Regulations

South Korea Channels $19 Billion into Crypto and Stock Markets

Demand for stocks and cryptocurrency investments in South Korea has surged, as a recent report showed that South Korea has transferred $19 billion from banks to exchanges.

Chainlink Surges Over 40% In 24 Hours Amid Positive Signals

News | Altcoin | Analytics | Editor Choice

Chainlink Surges Over 40% in 24 Hours Amid Positive Signals

Chainlink price has increased by more than 40% in just 24 hours, recording the coin's strongest price increase in months.

Azcnews Bitcoin To Surge To $150k By Early 2025

News | Analytics | Bitcoin | Editor Choice

Bitcoin to Surge to $150K by Early 2025

Based on Bitcoin's historical performance, it is likely that the price could surpass the $150,000 mark in the first half of 2025.

Stake Usdt Or Mnt To Share 20 Million F Tokens

Airdrops | Editor Choice

Stake USDT or MNT to Share 20 Million F Tokens on Bybit

Participate in staking USDT and MNT on the Bybit exchange to share in rewards of up to 20 million F tokens from 10:00 AM UTC on December 2, 2024, to 10:00 AM UTC on December 5, 2024.

Azcnews How Did An Ai Bot Turn $4,500 Into $5.5 Million

News | Altcoin | Editor Choice

How Did an AI Bot Turn $4,500 Into $5.5 Million?

A recent AI bot turned a $4,500 investment into $5.5 million, demonstrating why these bots are so popular.