DWF Labs, a crypto trading firm, said it fired one of its partners following social media allegations that one of its employees had spiked a woman's drink at a Hong Kong bar.

In a press release, the company said it dismissed a partner from "management and operational roles effective immediately" and called the allegations "deeply concerning."

The company, which said it's investigating the matter, did not name the partner. A representative for DWF referred CoinDesk to the press release.

"From day one, our team has been built on transparency and upholding the highest ethical standards. We do not condone actions that go against our core values of integrity, respect, and accountability," the press release said.

Earlier Tuesday, X account @hananotsorry posted that on Oct. 24 a partner at DWF drugged her at a bar — and was caught on camera doing it. The post did not name the person but said police had been contacted.

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