Locked tokens don't stay locked — now a London court will decide what that's worth.
DWF Labs affiliates DWF Maas and Falcon Digital have sued crypto custodian BitGo in the London High Court, seeking $141 million in damages. They allege BitGo received Falcon Finance (FF) and ESPORTS tokens at a discount in exchange for a three-month lock-up, then moved them onto exchanges roughly two months before the first unlock — flooding illiquid markets and driving prices down. DWF says it raised the issue with BitGo in April and May; BitGo declined to comment.
The takeaway: in private OTC token deals, the discount is priced on trust in the lock-up. When a custodian becomes the seller, contracts get stress-tested in court.
Not financial advice.
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锁仓的币没锁住——这笔账现在要搬到伦敦高等法院去算。
DWF Labs 关联公司 DWF Maas 与 Falcon Digital 起诉加密托管商 BitGo，索赔 1.41 亿美元。指控称，BitGo 以折扣价获得 Falcon Finance（FF）与 ESPORTS 代币、承诺锁仓三个月，却在首次解锁前约两个月提前把币搬上交易所，流动性不足的盘面被直接砸穿。DWF 称 4、5 月就交涉过；BitGo 拒绝置评。
一句话：OTC 私募折扣本质上是对锁仓履约的定价，托管方下场当卖家时，合同就得靠法庭兜底。
非投资建议，仅供参考。
#DWF #BitGo #Lawsuit #CryptoNews
DWF Labs affiliates DWF Maas and Falcon Digital have sued crypto custodian BitGo in the London High Court, seeking $141 million in damages. They allege BitGo received Falcon Finance (FF) and ESPORTS tokens at a discount in exchange for a three-month lock-up, then moved them onto exchanges roughly two months before the first unlock — flooding illiquid markets and driving prices down. DWF says it raised the issue with BitGo in April and May; BitGo declined to comment.
The takeaway: in private OTC token deals, the discount is priced on trust in the lock-up. When a custodian becomes the seller, contracts get stress-tested in court.
Not financial advice.
---
锁仓的币没锁住——这笔账现在要搬到伦敦高等法院去算。
DWF Labs 关联公司 DWF Maas 与 Falcon Digital 起诉加密托管商 BitGo，索赔 1.41 亿美元。指控称，BitGo 以折扣价获得 Falcon Finance（FF）与 ESPORTS 代币、承诺锁仓三个月，却在首次解锁前约两个月提前把币搬上交易所，流动性不足的盘面被直接砸穿。DWF 称 4、5 月就交涉过；BitGo 拒绝置评。
一句话：OTC 私募折扣本质上是对锁仓履约的定价，托管方下场当卖家时，合同就得靠法庭兜底。
非投资建议，仅供参考。
#DWF #BitGo #Lawsuit #CryptoNews