DWF Labs Takes Bitgo to Court Over $141M Token Lock-up Dispute
DWF Labs affiliates have taken cryptocurrency custodian Bitgo to London’s High Court, demanding $141 million over allegedly premature sales of discounted tokens. The plaintiffs claim Bitgo violated contractual lock-up restrictions by moving Falcon Finance (FF) and ESPORTS tokens onto exchanges roughly two months before their scheduled release. The alleged transactions placed selling pressure on thinly […]
Story summary
DWF Labs affiliates have taken cryptocurrency custodian Bitgo to London’s High Court, demanding $141 million over allegedly premature sales of discounted tokens. The plaintiffs claim Bitgo violated contractual lock-up restrictions by moving Falcon Finance (FF) and ESPORTS tokens onto exchanges roughly two months before their scheduled release. The alleged transactions placed selling pressure on thinly […]
Follow the latest stories from trusted publishers with concise summaries. Open the original source link for details.