Ava Labs CEO Emin Gün Sirer has excused shocking charges from CryptoLeaks that his organization utilized prosecution to “harm” competitors and fool controllers, naming it as “conspiracy theory nonsense.”
Sirer offered the remarks in an Aug. 28 Twitter post to his 280,500 adherents, alluding to an Aug. 26 article from CryptoLeaks charging the organization framed a “secret settlement” with U.S. law firm Roche Freedman to utilize the American legal framework “gangster style” to “assault and harm crypto associations.”
How could anyone believe something so ridiculous as the conspiracy theory nonsense on Cryptoleaks? We would never engage in the unlawful, unethical and just plain wrong behavior claimed in these self-serving videos and inflammatory article. Our tech & team speak for themselves.
— egs9000🔺⚔️ (@el33th4xor) August 28, 2022
On Friday, CryptoLeaks published a series of sincere videos from an unknown source purportedly showing U.S. Lawyer Kyle Roche of Roche Freedman LLP specifying his partnership and relationship with Emin Gün Sirer and Kevin Sekniqi, the individual CEO and COO of Ava Labs.
CryptoLeaks claimed that Roche Freedman and Kyle Roche have a deal to furnish Ava Labs with legal administrations in exchange for the AVAX tokens and Ava Labs equity, and would likewise utilize “case as a device” to upset competitors and mislead controllers, for example, the Security Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC).
The distribution likewise said the videos of Roche recommend there was a very close relationship among Roche and Sirer, which started in scholarly world, and that they additionally moved into a collaborating space together in Aug. 2019, around the time that the deal was made for him to offer legal types of assistance in exchange for token supply. Roche expressed:
“Gün [Sirer] … we did a deal, where I agreed to provide legal services in exchange for a certain percentage of the token supply.”
Another video also shows Roche saying that they “used [litigation services] as a strategic instrument to support Ava Labs.”
“I sue half the companies in this space, I know where this market is going, I believe [I am] one of the top 10 [crypto experts] in this world… I’ve seen the insides of every single crypto company,” according to the video.
This is wild. Not sure if this is true, but assuming the videos are not deep fake… And of course, #binance was a target. We are not even a competitor.
https://t.co/R5wBtriEBY — CZ Binance (@cz_binance)
Roche said in one video that he “ensures that the SEC and CFTC have different magnets [Avalanche competitors] to pursue,” adding that “suit can be a device to rivalry.”
Ava Labs CEO Emin Gün Sirer passionately denied the claims in the article, expressing it was “conspiracy theory nonsense” and saying that Ava Labs would “never take part in unlawful, dishonest and messed up behavior.”
As per Roche Freedman LLP’s site, Roche utilizes no less than 24 lawyers, with workplaces arranged in New York City, Boston and Miami. Roche went to North Western University School of Law and co-wrote “Why Bitcoin is blasting” in the Wall Street Journal in Jul. 2017.
Roche Freedman LLP’s was as of late involved in a high-profile lawsuit against Solana Labs, Solana Foundation, and Solana fellow benefactor Anatoly Yakovenko on Jul. 1. 2022, claiming that Solana disregarded U.S. Government Security laws by offering unregistered protections to U.S. investors.
Around fourteen days sooner on Jun. 15, Roche Freedman LLP likewise documented a lawsuit against Binance, claiming that the crypto exchange unlawfully participated in the offer of UST to investors.
