DWF Maas And Falcon Digital Sue BitGo For $141 Million Over Alleged Token Lock-Up Breach: who 11 outlets blamed

DWF Maas and Falcon Digital, subsidiaries of DWF Labs, sued BitGo for $141M, alleging early token sales of FF and ESPORTS tokens breached lock-up agreements. BitGo, valued at $2B, manages $5B in assets and trades on NYSE. DWF Labs claims the early sales caused valuation impairment. BitGo declined to comment. Case is pending in London's High Court.

Two affiliates of DWF Labs sued BitGo in London's High Court for $141 million, alleging it sold FF and ESPORTS tokens before agreed lock-up periods, violating OTC deals and lowering prices. BitGo declined to comment, and the allegations are unproven. FF and ESPORTS tokens have recently declined in value, according to CoinMarketCap.

DWF Labs subsidiaries sued BitGo for $141 million, alleging the custodian sold locked-up tokens early, causing their value to drop. The case is before London's High Court. BitGo declined to comment. Both companies have ties to World Liberty Financial.

DWF Labs' affiliates sued BitGo for $141M, alleging early sales of discounted tokens (FF and ESPORTS) before lock-up periods ended. DWF claims BitGo breached agreements, causing token value declines. BitGo has not commented. FF and ESPORTS tokens saw price drops during the period in question, according to CoinMarketCap.

DWF Labs subsidiaries DWF Maas and Falcon Digital are suing BitGo for $141 million, alleging the crypto custodian sold FF and ESPORTS tokens before their lock-up periods ended, causing price drops. DWF claims this breach led to $114 million in damages and says it pursued legal action after BitGo did not address the issue. DWF had previously invested $25 million in WLFI tokens, linked to a Trump-backed crypto project.

DWF Labs subsidiaries sued BitGo for $114 million, alleging breach of token lock-up agreements for Falcon Finance (FF) and ESPORTS tokens. The lawsuit claims BitGo sold tokens early, causing price declines. DWF seeks compensation, citing financial losses from unauthorized sales. BitGo has not responded to requests for comment.