TechFlow news — According to a video exposé by Cryptoleaks, several years ago the blockchain company Ava Labs behind Avalanche entered into a deal with U.S. law firm Roche Freedman. The agreement involved Ava Labs granting Roche Freedman substantial equity in Ava Labs and Avalanche cryptocurrency (AVAX), now worth hundreds of millions of dollars. Roche Freedman is a law firm known for launching numerous lawsuits across the crypto space, having filed at least 25 class-action lawsuits, including against exchanges such as Binance and projects like Solana Labs (Solana) and Dfinity Foundation.
The alleged agreement directed Roche Freedman and its leader Kyle Roche to: 1) Use the U.S. legal system—like a mafia—to attack and harm cryptocurrency organizations and projects that might compete in any way with Ava Labs or Avalanche; 2) File lawsuits against participants in the crypto industry primarily to attract attention from regulatory bodies such as the SEC and CFTC, thereby diverting scrutiny away from the highly commercial nature of Ava Labs and the Avalanche blockchain; and 3) Secretly pursue personal retaliation against Emin Gün Sirer.
Cryptoleaks has provided extensive private conversation videos. Binance founder CZ shared the content, calling it crazy and expressing uncertainty about its authenticity, but added, “Assuming these videos aren’t deepfakes… Binance is also a target, even though we’re not even a competitor.”
In response to the allegations, AVAX founder Emin Gün Sirer stated, “How could anyone believe such absurd conspiracy theories on Cryptoleaks? We would never engage in the illegal, unethical, and utterly false behaviors claimed in these self-serving videos and sensational articles. Our technology and our team speak for themselves.” Original link
