Ava Labs founder and CEO Emin Gün Sirer has termed a controversial report by CryptoLeaks as “an obvious fraud” that “everyone should be able to see right through.”

Gün Sirer says the allegations are disheartening and noted that they have come from “false claims” by Ava Labs’ former lawyer Kyle Roche. According to him, Kyle had lied to one of his potential clients about the nature of what he did for Ava Labs – all in an attempt to impress.

He maintains his company has not engaged in any of the activities as alleged by CryptoLeaks.

“The allegations on this site are categorically false. Ava Labs believes in transparency and facing the world head-on, not through behind-the-scenes dealing or activity,” he said in a statement shared on Monday.

Ava Labs had a ‘secret pact’?

In a recent report CryptoLeaks claimed it had damning “spy video” and whistleblower information that showed how Ava Labs, the firm behind the Avalanche (AVAX) blockchain, had engaged in a conspiracy against its rivals.

According to the site, there existed a “secret pact” between Ava Labs and lawyer Kyle Roche of the Roche Freedman LLP firm. Through this pact, Roche would exploit the US legal system in a “gangster style” approach by bringing targeted lawsuits against Ava Labs and Avalanche competitors.

Some of the alleged lawsuits include those against Solana Labs, Bibox and Dfinity Foundation.

The cases were also meant to have the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading...

Read Full Story: https://coinjournal.net/news/ava-labs-ceo-gun-sirer-terms-cryptoleaks-claims-...