Crypto prices this week were again underwhelming across the board. Despite signs of growing adoption and regulation, and slight progress in crypto lenders Celsius and Holdnaut’s ongoing insolvency issues, it was another excruciatingly slow week, though relatively short on losses.
However, over on crypto Twitter things were a lot more scandalous. A self-proclaimed crypto whistleblowing site called Crypto Leaks last weekend published a lengthy and damning exposé of a lawyer employed by Avalanche called Kyle Roche.
Kyle Roche @ Roche Freedman, the secret #Avalanche law firm
RF litigates against Ava Labs competitors, to draw the SEC & CFTC to them, and away from Ava Labs
Roche ensures there's "no such thing as regulation for what they [Ava Labs] want to do"
See https://t.co/6iK3R72VfM pic.twitter.com/AN0RpRVm49
— Crypto Leaks (@CryptoLeaksInfo) August 28, 2022
The report includes clips from undercover videos of Roche at two separate meetings, in which he confesses to having deep vested interests in Avalanche, through owning both a percentage of the token supply and significant shares.
Roche confessed to regularly suing Avalanche’s competitors because, through a quirk in the American legal system, litigation opens up a process called “discovery” where Roche, the suer, can get access to the target company’s confidential accounts, commercial data, email, Slack, social media communications, and much more, while financially hobbling the defendants and diverting their...
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