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Ava Labs CEO calls CryptoLeaks allegations of pressure on competitors “nonsense”

  • August 29, 2022
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Emin Gün Sirer, president of Avalanche blockchain company Ava Labs, has denied CryptoLeaks accusations of using a law firm to fight rivals. How can anyone believe something as

Ava Labs CEO calls CryptoLeaks allegations of pressure on competitors “nonsense”

Ava Labs CEO calls CryptoLeaks allegations of pressure on competitors “nonsense”
Ava Labs CEO calls CryptoLeaks allegations of pressure on competitors “nonsense”

Emin Gün Sirer, president of Avalanche blockchain company Ava Labs, has denied CryptoLeaks accusations of using a law firm to fight rivals.

According to the publication, the company made a “collusion” with the American firm Roche Freedman to use the legal system “in a gangster fashion” to “attack and harm crypto organizations.”

In videos posted by CryptoLeaks, alleged attorney Kyle Roche details the relationship and partnership with Emin Gün Sirer and Ava Labs COO Kevin Secnicki.

CryptoLeaks said that Roche and Roche Freedman have entered into an agreement to provide legal services in exchange for AVAX tokens and shares of a crypto company. The firm allegedly committed to using litigation “as a tool to disrupt competitors’ work and draw regulators’ attention to the latter.” SEC or CFTC.

According to CryptoLeaks, the relationship between Roche and Gun Sirer began in academia and they moved into a co-working space together in 2019. The publication suggests that a deal was followed during this time.

“We made an agreement where I agreed to provide legal services in exchange for a certain percentage of the token supply,” Roche said in the video.

In another quote, a lawyer admitted to using court services as “a strategic tool to support Ava Labs.”

“I’m suing half the companies in this space, I know where the market is going. I think I’m one of the top 10 [криптоэкспертов] in the world. I’ve seen the inside of every crypto company,” the lawyer said in the video.

CryptoLeaks noted that filing a lawsuit allows you to request access to the defendant’s internal confidential data. Roche Freedman’s preferred method is to use bulk actions.

A class action lawsuit is “protected speech” that allows a firm to make false claims without fear of liability. Financial risks are also limited to direct costs and defendants cannot seek reimbursement of costs if they win.

“How can you believe something as ridiculous as CryptoLeaks conspiracy theory bullshit? We will never engage in the illegal, unethical, and simply wrong behavior implied by these self-serving videos and provocative articles. Our technologies and our team speak for themselves,” Gün Sirer replied to the broadcast.

Berkeley Law School professor Jay Nicholas Gross said about the Cryptoleaks investigation:

“Every lawyer has a “special” contract with his client and is obliged to represent his client diligently within the framework of ethical rules. Each attorney is paid the way the client provides – money or shares. Each lawyer sues the rivals of his ward.

However, CryptoLeaks alleges, citing Roche’s confession, that Gün Sirer used legal services to prosecute a Turkish expert who came to the United States, with whom he had a long-standing dispute.

The publication believes the company’s involvement (later named Roche Cyrulnik Freedman) in Dave Clement’s relatives’ lawsuit against Craig Wright is also linked to the personal interests of the Ava Labs president.

According to the publication, a few months ago, Roche spoke about 25 class action lawsuits filed by its firm. In April, Roche learned about 11 crypto companies, including Binance, BitMEX, KuCoin, and Tron Foundation, which faced class allegations from Cyrulnik Freedman.

According to Jason Cirulnik’s ex-partner CryptoLeaks [Jason Cyrulnik] He was expelled from the company in a vote to take his stake in his deal with Ava Labs.

Recall that in June, Roche Freedman sued Binance.US and CEO Brian Schroeder on behalf of LUNA and TerraUSD investors.

In July, the firm targeted key participants in the Solana ecosystem, accused by lawyers of selling illegal securities in the form of SOL tokens on behalf of investors.

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