OpenEden's total value locked (TVL) fell by $30 million after allegations of misconduct against co-founder Eugene Ng. The decline is linked to these allegations, prompting fund withdrawals. OpenEden and partner DWF Labs have taken decisive actions, including Ng's termination and potential legal action.
DWF Labs is considering legal action against ex-partner Eugene Ng after allegations of drink spiking. Ng was removed from the firm and police became involved following accusations from a woman named Hana in Hong Kong.
DWF Labs is considering legal action against former partner Eugene Ng after drink spiking allegations, leading to his removal from the team page.
DWF Labs has appointed Lingling Jiang to lead growth initiatives after firing Eugene Ng over misconduct allegations.
DWF Labs dismissed founding partner Eugene Ng after allegations of drink spiking during a job meeting in Hong Kong, highlighting the company's stance against inappropriate conduct.
DWF Labs has dismissed a partner accused of drugging a woman at a Hong Kong bar. The incident was caught on CCTV, and an investigation is ongoing. The accused, Eugene Ng, allegedly spiked the victim's drink multiple times. DWF Labs is cooperating with law enforcement in the investigation.
DWF Labs' partner Eugene Ng allegedly drugged and coerced a job applicant during a Hong Kong meeting, prompting immediate dismissal.
DWF Labs removes partner Eugene Ng from team page over allegations of drink spiking, posing reputation risks and potential short-term uncertainty for their token price.
DWF Labs removes partner Eugene Ng over drink spiking allegations.
