No secret pact to sue Avax-Rivals, lawyer lied to impress: CEO

No secret pact to sue Avax-Rivals, lawyer lied to impress: CEO

Emin Gün Sirer, CEO of AVA Labs, suggests claims that he had closed a secret pact to harm Avax competitors with lawyer Kyle Roche.

website cryptoleaks published a number of videos in the past week in which Roche revealed that 1 % of the offer to aval chamber (Avax)-token and a similar height In return for the submission of lawsuits against crypto companies.

Reaction in A Blog entry on Monday Sirer suggested that the statements of Roche do not suggest in the videos are truthful and aimed at dazzling a potential customer.

"These claims were obviously created when Roche, a lawyer of a law firm that we kept in the early days of our company, tried to impress a potential business partner by making false claims about the type of work for AVA Labs," wrote Sirer.

Coingecko lists the overall offer from AVAX with 409.165,637, which means that 1 % would correspond to almost 4.1 million AVAX ($ 83.6 million). The evaluation of AVA Labs is currently not known.

Apart from the statements of Roche, the claims of Cryptoleaks are "categorically wrong", he added. Avax fell by 26 %after the publication of the "Secret Pact" report. This year the token has so far fallen by $ 81 % to $ 20.23 Blockworks research Portal.

"Neither I nor any other person at AVA Labs has ever guided Roche when choosing the cases. We don't get any materials or information from him, and we do not trust him to have our legal matters," Sirer wrote and added that Roche Ava Labs only represented defensively in ordinary disputes.

The alleged pact did not provide for Roche to submit complaints against other parties on behalf of Ava Labs.

Legitimate videos in the Avax- "Secret Pact" report

Roch Freedman has sued a number of crypto companies, including Solana , BIBOX BITMEX and KUCOIN for accusation, To offer crypto-assets, which were not registered securities.

The law firm also represented Ira Kleiman in his complaint against Craig Wright, after recently obtaining a judgment of $ 100 million for Kleiman.

At the beginning of this year, Roche Freedman stood on the other side of the table after the former partner Paul Fattaruso had sued the company for refusing remuneration and investment.

fattaruso removed from a partnership and withdrawn a proportion of 2 % of a crypto fee of $ 250 million that the company received for legal services for a nameless startup.

Some experts have questioned the integrity of the claims of cryptoleaks and questioned whether it is financed by an avalanche competitor. alluding to report on his two previous reports, which laid down Internet-Computer (icp).

dfinity - the company behind Internet Computer Blockchain - was beaten Class - Action action From Roche last year.

In his own Answer on Monday Kyle claimed "Numerous, numerous false messages and illegal acquired, heavily edited video clips ”.

Roche identified an unknown spokesman in the videos as Christians Ager-Hanssen, who, according to Roche, works for Dominic Williams, the creator of ICP.

Regardless of this, Siwei Lyu, expert in digital media forensics, confirmed that the videos contained in the report were legitimate and had no traces of Deepfake synthesis.

The evidence was confirmed by hand positions and the presence of objects such as glasses. "All videos passed our analysis as real videos," said Lyu to Blockworks.

Kyle Roche and ICP creator Dominic Williams did not answer the request from Blockworks for comment until the time of going to press.

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The article No Secret Pact to Sue Avax Rivals, Lawyer Lied to Impress: CEO is not a financial advice.