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 […]
Key Takeaways
- 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 […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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