DWF Labs Sues Bitgo in London Court Over $141M Token Lock-up Dispute
- —Plaintiffs seek $141 million, including $114 million tied to losses on retained tokens
- —FF fell from about $0.08 in March 2026 to roughly $0.07 by late April
- —ESPORTS dropped from about $0.28 in mid-March to $0.07 by early June, a 75% decline
- —DWF says it raised concerns with Bitgo in April and May 2026 before filing
Why it matters: The case will test how enforceable token lock-ups are in private OTC deals, setting a precedent for the market for discounted token allocations.
Source: Bitcoin.com