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Showing posts with the label investigation

Bitcoin, beatings, and a billionaire’s vendetta: Georgia's Bachiashvili case

A former aide to Georgian de facto leader Bidzina Ivanishvili is being held as a “personal prisoner” of the billionaire politician after being convicted of stealing $43 million worth of bitcoin (BTC). Giorgi Bachiashvili, who had previously been Ivanishvili’s “right-hand man,” was convicted in May 2025 and sentenced to 11 years in prison for misappropriating 8,986.86 BTC and laundering the funds. However, according to Bachiashvili’s mother, her son is the victim of a “personal vendetta” by Ivanishvili who she has called “evil,” and says is without humanity or empathy. She also claims that Bachiashvili has been violently beaten in his cell and is now the “ personal prisoner ” of Ivanishvili, Georgia’s ex-prime minister, who still reportedly controls the country. “My only hope is the European institutions. Giorgi is now Ivanishvili’s personal prisoner. I ask, for someone to help, please,” she said. Acco...

Women warned of ‘predatory crypto bros’ in wake of DWF partner allegations

Women warned of ‘predatory crypto bros’ in wake of DWF partner allegations An investment firm founder has warned women working in or looking to move into crypto to “please be vigilant” after a partner at Singapore-based DWF Labs was accused of drugging a job applicant and attempting to coerce her into his hotel suite after promising her a role in a crypto project. Writing on X (formerly Twitter), Primitive Ventures founder and internet personality Dovey Wan was reacting to allegations made by a would-be DWF Labs employee who claims that, during a meeting in a bar in Hong Kong, Euguen Ng, one of DWF Labs’ founders, attempted to spike her drink. The job applicant, known as ‘Hana,’ claims that she then left the bar and when she began to feel dizzy, Ng 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.” Ng has since been ...