DeFi project Dow Protocol hit by impersonation scam The DeFi project Dow Protocol issued a warning stating that a scam group impersonated OKX Ventures as an investor, fabricated due diligence processes, and signed fake contracts to demand financial advisory fees from Dow Protocol. Dow Protocol said it has retained evidence and taken action, thanking OKX Ventures for cooperating transparently and professionally to clarify this fraud incident. OKX Ventures previously released a clarification statement, confirming that it has never invested in Dow Protocol.