Ava Labs CEO Affirms That The Project Is Completely Clean
Ava Labs CEO Emin Gün Sirer has denied the allegations against the project after it was reported that Avalanche hired a lawyer to cause legal trouble for a rival.
After the scandals that have lasted for the past 24 hours, Avalanche founder and CEO, Emin Gün Sirer has published an official article explaining the false claims surrounding AVAX.
Emin Gün Sirer asserts that Ava Labs has never pressed Kyle Roche in choosing such tacit agreement decisions as the delegation. The company also does not receive documents or information from Kyle Roche and does not delegate Ava Labs’ legal work to him.
Kyle Roche himself confirmed this in a public statement. In a few contract disputes, Roche has only represented Ava Labs in a defense role and Emin Gün Sirer himself in a defamation lawsuit. And Roche Freedman is just one of more than a dozen law firms that Ava Labs has contacted for tax, corporate, regulatory, and human resources issues.
The CEO said that Roche Freedman conducted their lawsuits independently of Ava Labs, meaning that AVAX was not behind Roche Freedman’s conduct. Ava Labs only knew about the Solana lawsuit through the press and media. Roche Freedman is not responsible for regulatory issues with Ava Labs. The company has legal relationships with the regulatory community, policymakers, and law enforcement agencies.
Finally, Emin Gün Sirer stated that Kyle Roche was not part of Ava Labs’ core executive team and that the company did not turn to him for advice beyond a few minor issues that Kyle Roche had solved for the company. Even Kyle Roche has no say in business decisions, legal decisions, how Ava Labs is run, or anything related to the Avalanche platform.
Binance CEO Changpeng Zhao was quick to give his own opinion on the incident, although, on the morning of August 29, he was critical of Avalanche and deleted the status shortly after.
Kyle Roche, the lawyer at the center of the scandal, also published a personal statement on the evening of August 29, claiming to have been secretly filmed by someone posing as an interested investor connected to the Internet Protocol (ICP) project.
Roche also denied having a secret deal with Ava Labs. However, the lawyer indirectly admitted that the sneaky videos were real, not deepfakes, but made at a time when Mr. Roche was not sober because he used alcoholic beverages. The posted videos are also cropped to distort the truth to suit the lead of the source.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Ava Labs CEO Affirms That The Project Is Completely Clean
Ava Labs CEO Emin Gün Sirer has denied the allegations against the project after it was reported that Avalanche hired a lawyer to cause legal trouble for a rival.
After the scandals that have lasted for the past 24 hours, Avalanche founder and CEO, Emin Gün Sirer has published an official article explaining the false claims surrounding AVAX.
Emin Gün Sirer asserts that Ava Labs has never pressed Kyle Roche in choosing such tacit agreement decisions as the delegation. The company also does not receive documents or information from Kyle Roche and does not delegate Ava Labs’ legal work to him.
Kyle Roche himself confirmed this in a public statement. In a few contract disputes, Roche has only represented Ava Labs in a defense role and Emin Gün Sirer himself in a defamation lawsuit. And Roche Freedman is just one of more than a dozen law firms that Ava Labs has contacted for tax, corporate, regulatory, and human resources issues.
The CEO said that Roche Freedman conducted their lawsuits independently of Ava Labs, meaning that AVAX was not behind Roche Freedman’s conduct. Ava Labs only knew about the Solana lawsuit through the press and media. Roche Freedman is not responsible for regulatory issues with Ava Labs. The company has legal relationships with the regulatory community, policymakers, and law enforcement agencies.
Finally, Emin Gün Sirer stated that Kyle Roche was not part of Ava Labs’ core executive team and that the company did not turn to him for advice beyond a few minor issues that Kyle Roche had solved for the company. Even Kyle Roche has no say in business decisions, legal decisions, how Ava Labs is run, or anything related to the Avalanche platform.
Binance CEO Changpeng Zhao was quick to give his own opinion on the incident, although, on the morning of August 29, he was critical of Avalanche and deleted the status shortly after.
Kyle Roche, the lawyer at the center of the scandal, also published a personal statement on the evening of August 29, claiming to have been secretly filmed by someone posing as an interested investor connected to the Internet Protocol (ICP) project.
Roche also denied having a secret deal with Ava Labs. However, the lawyer indirectly admitted that the sneaky videos were real, not deepfakes, but made at a time when Mr. Roche was not sober because he used alcoholic beverages. The posted videos are also cropped to distort the truth to suit the lead of the source.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
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