According to Decrypt, subsidiaries of DWF Labs have filed a lawsuit in London’s High Court against BitGo, alleging that BitGo sold discounted Falcon Finance and ESPORTS tokens approximately two months before the lock-up period expired. The claimants argue that these early sales significantly reduced the value of their remaining token holdings.
The lawsuit centers on the timing and conditions under which BitGo distributed the tokens, with DWF Labs-linked firms asserting that the sales occurred roughly two months prior to the lock-up expiration. They contend this action caused a sharp decline in the value they retained from the allocations.
