OpenEden Fires Co-Founder Amid Drugging Allegations in Hong Kong

As a seasoned researcher with a keen eye for trends and events within the crypto industry, I am deeply troubled by the recent developments surrounding OpenEden and its co-founder, Eugene Ng. Having spent years observing the evolution of this rapidly growing sector, I have seen firsthand the challenges women face in a predominantly male environment.


As a crypto investor, I’ve learned that OpenEden, a company specializing in tokenizing real-world assets, has made an announcement concerning one of its co-founders, Eugene Ng. Unfortunately, his employment has been terminated due to severe allegations involving a woman residing in Hong Kong.

Initial claims made on social platforms suggest that Ng, who is also a co-founder at DWF Labs, is accused of spiking a woman’s drink during a professional gathering.

On platform X, the individual known simply as Hana posted pictures and messages detailing an alleged incident where she was drugged by an executive from DWF Labs. These posts sparked widespread attention, prompting both OpenEden and DWF Labs to swiftly act by placing Ng on temporary suspension while they conduct a thorough investigation into the matter.

On Thursday, OpenEden announced that they have terminated Ng’s employment, clarifying that the person mentioned is no longer affiliated with our organization. They want to make it clear that they are addressing the accusations seriously and do not support any behavior that undermines safety and honesty within their company.

Although OpenEden didn’t specifically mention Ng in their recent announcement, it’s been noticed that he has removed his social media accounts following this event. Prior to founding OpenEden, Ng held a significant position as the head of business development for Gemini in Asia and was an investor with extensive connections across various industries.

The event has ignited wider debates across the crypto world, particularly focusing on security and fairness for women in an industry predominantly composed of men.

Previously, there have been expressions of worry within the industry regarding issues like harassment and mistreatment. These concerns emphasize the need for greater efforts to establish a secure and welcoming atmosphere. The latest incident has sparked renewed debates on this topic, with many advocating for stricter codes of conduct and proactive steps to prevent such occurrences within the crypto sphere.

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2024-10-30 23:01