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Morning Edition · Friday, October 9, 2026Published at 1:49 AM EDT · New York
DWF Labs Affiliates Sue BitGo for $141 Million, Alleging It Released Locked Tokens Two Months Early
The London High Court claim says BitGo sent Falcon Finance and ESPORTS tokens to exchanges before the first scheduled unlock, which the plaintiffs say pushed down prices and the value of their remaining holdings.
DWF Maas and Falcon Digital, two firms linked to the market maker DWF Labs, have sued BitGo for $141 million in London's High Court. BitGo is a qualified custodian for institutional clients. The claim alleges that BitGo breached an over-the…
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Part of a tracked trend
Custodians Answer for Token Release Schedules
As discounted OTC token sales route through institutional custodians, disputes over unlock timing will increasingly reach courts and push the market toward on-chain vesting that custodians cannot override.
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