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Home » Eugene Ng Dismissed from DWF Labs Following Accusations of Drink Spiking
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Eugene Ng Dismissed from DWF Labs Following Accusations of Drink Spiking

By adminOct. 29, 2024No Comments3 Mins Read
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Eugene Ng Dismissed from DWF Labs Following Accusations of Drink Spiking
Eugene Ng Dismissed from DWF Labs Following Accusations of Drink Spiking
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DWF Labs Fires Eugene Ng Amid Accusations of Drink Spiking

DWF Labs, a prominent company, has recently fired one of its founding partners following allegations of inappropriate behavior. These accusations came to light on social media and claim that the partner attempted to spike a woman’s drink during a work-related meeting at a bar in Hong Kong. The incident has garnered significant attention, resulting in the immediate removal of Eugene Ng, the accused founding partner, from his managerial and operational positions. The company has not officially confirmed his identity.

DWF Labs Takes Action Following Accusations of Drink Spiking in Hong Kong

DWF Labs released an official statement expressing deep concern regarding the allegations. “We are fully aware of the recent and deeply troubling accusations involving one of our partners, who has been accused of engaging in inappropriate and unacceptable behavior,” stated the company. This decision was followed by the removal of Ng’s profile from the company’s team page, highlighting the seriousness with which DWF Labs is addressing the incident.

The alleged incident took place on October 24 during a meeting between the accused partner and a woman named Hana, who had connected with him for a professional discussion. According to Hana’s account, while she briefly left to use the bathroom, bar staff members observed the partner adding something to her drink. When she returned and tried to exchange her drink, he reportedly hindered her efforts. As a result, Hana decided to leave. Later, she reported feeling dizzy, further fueling her suspicion that her drink had been tampered with.

Hana shared a disturbing detail, alleging that the partner attempted to lure her to his accommodation, suggesting he would accompany her in a taxi and subtly proposing that she join him in a suite. Hana also revealed on X(formerly Twitter) that he hinted she would not have a direct role in a cryptocurrency project.

Repercussions for Ng: Social Media Profiles Disappear Amid Growing Accusations in Drink-Spiking Case

In response to the incident, Hana sought assistance from local authorities, who reportedly provided CCTV footage of the alleged drink spiking. Hana noted that the partner’s behavior displayed a level of confidence that suggested this may not have been his first such incident. She shared her experience and supporting evidence online, encouraging others to come forward.

Another user on X, named ‘Iris,’ claimed to have encountered similar tactics from the same individual, describing his approach as “extremely aggressive.” The fallout for Ng extended beyond DWF Labs, as his X account was swiftly made private and then deleted, and his LinkedIn profile was also taken down. Ng has an extensive background in finance, having held positions at Barclays, Citi, and Deutsche Bank before joining DWF Labs. He eventually became a crypto industry advisor and founded real-world asset firm OpenEden, with prior experience as the head of business development in Asia at Gemini.

As the investigation continues, DWF Labs is distancing itself from the incident, while public interest and scrutiny surrounding the case remain significant.

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