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altcoinOct 9, 2026AI summary

DWF Labs-Linked Firms Sue BitGo for $141 Million Over Token Sales

Firms linked to DWF Labs allege BitGo sold Falcon Finance and ESPORTS tokens before lock-up restrictions expired, reducing the value of their remaining holdings.

DWF Labs-Linked Firms Sue BitGo for $141 Million Over Token Sales

Companies linked to DWF Labs have filed a $141 million lawsuit against BitGo in London’s High Court, according to Decrypt.

The firms allege that BitGo sold discounted Falcon Finance and ESPORTS tokens about two months before the end of their lock-up period.

The claimants say the early sales sharply reduced the value of the tokens they still held. The allegations form the basis of their claim against BitGo.

Source: Decrypt

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