Current outcome
DWF Labs subsidiaries DWF Maas and Falcon Digital sued BitGo in London seeking $141 million; they allege BitGo sold discounted FF and ESPORTS tokens before three-month lock-ups expired and seek $114 million in damages.
Progress timeline
2 material updates- #01
FT: DWF Labs Sues BitGo for $141 Million Over Alleged Early Sales of Locked Toke
DWF Labs affiliates sued crypto custodian BitGo in London's High Court for $141 million, alleging BitGo sold Falcon Finance and ESPORTS tokens ahead of agreed lock-up and vesting periods, depressing prices and DWF's remaining holdings.
Source evidence: wublockchainenglish · foresightnews
- #02
DWF Labs subsidiaries sue BitGo for $141 million over alleged token lock-up breach
Disclosed plaintiffs DWF Maas and Falcon Digital, specified $114 million in damages sought and three-month lock-up periods.
State after update: DWF Labs subsidiaries DWF Maas and Falcon Digital sued BitGo in London seeking $141 million; they allege BitGo sold discounted FF and ESPORTS tokens before three-month lock-ups expired and seek $114 million in damages.