Drink-Spiking Shocks Crypto Industry; DWF Labs Dismisses the Accused

The crypto industry was recently left shocked when a woman alleged drink-spiking involving a partner at DWFLabs.

The alleged victim who is also a web3 VC shared her harrowing experience on X, as she disclosed she had met the DWFLabs partner after he[apparently goes by the name, Eugene Ng] repeatedly approached her with a job opportunity aligned with her background. She explained that, eager to expand her skills in crypto, she accepted his invitation to meet at a Hong Kong bar. However, after a brief trip to the restroom, she returned to find her drink spiked, a fact that was soon confirmed by a waitress who warned her of the danger.

I never thought I’d personally experience something like this. On the evening of October 24th, I was drugged by a partner at @DWFLabs at a bar in HK. I have reported this to the local police and have collected video evidence of him spiking my drink. pic.twitter.com/mCQpaxB6DH

— Hana小屁娜 (@hananotsorry) October 29, 2024

The victim described feeling dizzy as she attempted to leave and recounted that her companion insisted she accompany him to his suite at The Murray hotel, offering industry “alpha” and insinuating he could help advance her career.

Shocked by his behavior, the woman reported the incident to local authorities, securing CCTV footage from the venue, which allegedly shows the man spiking her drink multiple times. She shared her story to expose what she suspects may be a repeat offense, hoping to protect others in the industry from similar situations.

There is no room for this in our industry or anywhere for the matter. The person should be named and shame and @DWFLabs needs to put a statement out.

— Farokh (@farokh) October 29, 2024

Hong Kong police are reportedly investigating the case, on the other hand, and DWF Labs announced, they have dismissed “the partner from management and operational roles effective immediately.” The crypto community which has a reputation of being controlled by crypto-bros, has responded with outrage, sparking conversations about safety and accountability within professional networks.

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