According to ChainCatcher news, monitored by on-chain analyst Ai Yi, the associated address of DWF Labs' former co-founder Eugene Ng deposited 12.9 billion CAT (830,000 USD) to Binance three hours before the market opened, suspected of selling.In August 2024, this address received 9 billion CAT from the Disperse contract, when the coin price was only $0.00001547, currently yielding a profit of four times.

ChainCatcher news, according to The Block, DWF Labs executive partner Andrei Grachev stated that DWF Labs will consider taking legal action against the dismissed founding partner Eugene Ng. Previously, Eugene Ng was accused of drugging and sexually harassing a woman while intoxicated.

ChainCatcher news, top trader Eugene Ng Ah Sio posted on social media that he is currently less concerned about short-term price fluctuations, as he has completed his position in long-term held altcoins. He will adopt a wait-and-see attitude, no longer engaging in frequent trading, but simply observing the market trends to see whether the final outcome is profit or loss.

ChainCatcher news, well-known trader Eugene Ng Ah Sio posted on platform X, stating that after careful consideration, he will no longer publicly share trading conclusions. As his account continues to grow, this will only invite criticism. The road to a $100 million profit and loss will always continue, but from now on it will be a silent road.