On January 15th, according to X platform user @MiyaHedge, trader Eugene Ng (@0xENAS) is actually the co-founder of Tangent Ventures, Darryl Wang, who has repeatedly promoted the ENA token without disclosing his interest in the project. It is reported that Eugene participated in the seed round investment of the ENA token as a member of Tangent Ventures.

Miya expressed willingness to provide $1 million as collateral and requested that Eugene prove he has no affiliation with Tangent Ventures. Miya pointed out that this behavior may violate relevant Singaporean regulations and that the matter has become an open secret in the Singaporean trading community, but over 99% of the crypto community is unaware of it.