Companies linked to Trump-backed WLFI sue BitGo for $141 million

Companies linked to Trump-backed WLFI sue BitGo for $141 million

Summary

DWF Labs subsidiaries DWF Maas and Falcon Digital are suing crypto custodian BitGo in London’s High Court, alleging it breached three-month lock-up agreements for discounted Falcon Finance and ESPORTS token sales. They claim BitGo moved tokens to exchanges before the first unlock, contributing to price declines, and are seeking $114 million in damages. BitGo and DWF did not immediately comment.