DWF Maas and Falcon Digital, entities affiliated with DWF Labs, have filed a lawsuit against crypto custodian BitGo in the London High Court seeking $141 million in damages. The plaintiffs allege that BitGo released tokens before the agreed lock-up period expired, triggering a price decline that caused direct losses to their remaining holdings.
The litigation centers on Falcon Finance (FF) and Yooldo (ESPORTS) tokens. According to the filing, the premature release of these assets violated custody agreements and resulted in significant financial harm to the DWF Labs-linked companies.
DWF Labs Affiliates Sue BitGo for $141 Million in London High Court
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
