Ava Labs denies reports alleging Avalanche paid lawyers to sue competitors
The founder and CEO of Ava Labs, Emin Gun Sirer, has taken to Twitter to deny the claims of a whistleblower alleging that the layer one blockchain allocated around 1% of AVAX token supply and Ava Labs stock to the Roche Freedman law firm to sue some of its competitors. Ava Labs denies it paid a law firm to sue competitors On August 26, whistleblower Crypto Leaks said that Ava Labs had allocated 1% of AVAX tokens and Ava Labs stock to the Roche Freedman law firm to stage a lawsuit against its competitors. Roche Freedman is a law firm that has participated in the cryptocurrency sector. The law firm recently filed charges against Binance US over Terra’s collapse and a lawsuit against Solana Labs, saying that SOL was security. Some of the allegations made by the whistleblower include Videos showing the founding partner of the law firm, Kyle Roche, saying that Roche Freedman was paid to support Ava Labs and file charges against its competitors, such as Solana and Dfinity. ...