The disputed agreements required an initial three-month lock-up followed by additional vesting restrictions. BitGo has declined to comment on the lawsuit, and the allegations have not yet been proven in court. The legal conflict, first reported by the Financial Times, underscores the volatility and risks associated with the crypto ties of a Trump-backed firm.
Wednesday, October 21, 2026
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DWF Labs Affiliates Sue BitGo for $141 Million Over Early Token Sales
Crypto12 days ago
DWF Maas and Falcon Digital are seeking compensation in London's High Court for losses linked to a breach of contract by a crypto custodian. The affiliates of DWF Labs have sued BitGo for $141 million, alleging the firm sold Falcon Finance (FF) and ESPORTS tokens before mandatory lock-up periods expired, which exerted downward pressure on market prices and reduced the value of the firms' holdings.
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