💥 DWF LABS SUED BITGO FOR $141 MILLION IN LONDON’S HIGH COURT
The allegation: the custodian moved tokens to exchanges 2 months before the scheduled unlock. 😳
- Two OTC deals: FF and ESPORTS tokens, bought at a discount with a 3-month lock-up
- BitGo is accused of moving the tokens to exchanges before the first unlock date
- Both token prices dropped, cutting the value of the still-locked holdings
- The irony: DWF Labs was once accused of $300M in wash trading, and now it’s the one suing over market manipulation
If the claimants win, this could set a precedent for custodian liability in crypto contracts worldwide.
👉 Read the full story: https://cryptothreads.io/news/dwf-labs-sues-bitgo-for-141m-over-early-token-sales/
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