China News by Thebittimes.Com

A DWF Labs partner has been accused of drugging a job applicant and attempting to coerce her into his hotel suite after promising her a role in a crypto project. The alleged incident took place on October 24 at a bar in Hong Kong when alleged victim ‘Hana’ met one of the Singapore-based Web3 investor’s partners for a job-related meeting. While Hana was in the bar’s bathroom, the partner — alleged by X (formerly Twitter) user AB Kuai Dong to be Euguen Ng, one of DWF Labs’ founders — was reportedly spotted by staff putting something into her drink. She subsequently tried to swap her drink but claimed he prevented her from doing so. She then reported leaving the bar and starting to feel dizzy.  At this point, the partner allegedly tried to coerce Hana into his accommodation , telling her, “I’ll take you to get a taxi. I have a suite in Murrary. If you treat me well, I can give you more inside information.” A screenshot of Hana’s p...

Alleged cryptocurrency scammer Moshe Hogeg has successfully run another project into the ground, raising more investor concerns that they’ve been defrauded, as he awaits a monumental decision that could send him to prison. Hogeg co-founded cryptocurrency Tomi in 2023, with a supposed vision to “increase digital freedom and build a more democratic and decentralized internet.” Launched at $1.15 in January of that year, the token surged to an all-time high of $6.59 by June. However, at press time, $TOMI trades for just $0.05 , its market cap having shrunk from $350 million at peak to just $26.8 million. This downward spiral has seriously peeved investors, who at best accuse Tomi of failing to provide customer safeguards and at worse feel that they’re being taken for a ride. Tomi launched at $1.15 in January 2023 and soon surged to an all-time high of $6.59. While bitcoin and ether prices are pumping, $TOMI has stayed the same — a huge red flag that the f...