PANews reported on October 30 that DWF Labs published an announcement on the X platform stating that one of its partners had been accused of inappropriate and unacceptable behavior. During the investigation of the matter, DWF Labs has decided to immediately dismiss the aforementioned partner from his management and operational positions.

Previously, the X user @hananotsorry said that she was in danger when she was in contact with a DWF Labs partner, accusing the partner of drugging and raping the client. She was rescued after being informed by the relevant restaurant service staff. After the announcement of DWF Labs, the accused former DWF Labs partner Eugene Ng has now cancelled his X account (@Eug_Ng).

It is reported that in addition to being a DWF partner, Eugene Ng is also the co-founder of OpenEden, an RWA project invested by Binance.