DWF Labs Subsidiaries Sue BitGo for $141 Million Over Token Lock-Up Dispute
DWF Labs subsidiaries are seeking $141 million from BitGo in a lawsuit alleging a breach of token lock-up terms, CoinDesk reported.
Subsidiaries of DWF Labs have filed a $141 million lawsuit against BitGo over an alleged violation of token lock-up terms, according to CoinDesk.
The claim includes a demand for $114 million in damages tied to token sales by BitGo. DWF alleges those sales pushed token prices lower, causing direct losses.
The reported total sought exceeds the price-related damages claim by $27 million. The supplied report does not explain that difference or include a response from BitGo.
Source: CoinDesk
