News29 August 2022

Ava Labs CEO denies CryptoLeaks allegations of conspiracy with lawyers to pressure competitors

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According to CryptoLeaks, Ava Labs has secret arrangements with law firms to sue competitors in exchange for AVAX tokens and stock.

Emin Gun Sirer called CryptoLeaks' claims blatantly false, and people who believe them fanatics and conspiracy theory fans. 

In case you haven't seen it, CryptoLeaks made a high-profile claim that Ava Labs colluded with law firms, causing them to sue competitors in exchange for tokens and shares.

CryptoLeaks alleges that Roche Freedman and Kyle Roche made a deal to give Ava Labs legal services in exchange for AVAX tokens and Ava Labs stock, and would use "litigation as a tool" to undermine competitors and mislead regulators such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

It turns out to be a plus one event worth buying popcorn for and just waiting for :D.

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