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Roche Freedman’s lawyer accused of involvement in attacks against cryptocurrencies withdrew from several class action lawsuits in light of the allegations.
- Attorney Kyle Roche withdraws from cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. lawsuits.
- It came out of the cases against Tether, Bitfinex, Tron, BitMex and Binance.
- His withdrawal comes in the wake of the scandalous Crypto Leaks report.
- Lawsuits could still proceed without counsel.
High-profile cryptocurrency lawyer Kyle Roche has withdrawn from a series of class action lawsuits against digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency currency is a medium of exchange that defines value. firms after a shocking report accused him of involvement in attacks targeting cryptocurrency entities.
Roche, founding partner of the law firmRoche Freedmansubmitted several applications for withdraw as counsel from cases brought against Tether , Bitfinex , Tron , BitMex y Binance . The notices of his retirement appeared Wednesday in filings in multiple cases led by the law firm, according to a report byThe Block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain..
La motion said that Roche “ would retire as one of the attorneys for the proposed class. ” y “ would no longer be involved “in her firm’s class action practice, adds a report by CoinDesk . According to the media outlet, the cases in question are class action aspirants alleging that the aforementioned cryptocurrency companies have defrauded retail customers.
Roche withdraws from several cases against crypto companies
Roche is a digital assets lawyer who is known for filing high-profile class action lawsuits against cryptocurrency companies and projects. His departure from the lawsuit cases comes amid a scandal alleging his complicity in a series of efforts to target and harm organizations in the cryptocurrency industry.
As reported by DiarioBitcoin Monday of this week, a self-styled whistleblower published a article on the website ‘ Crypto Leaks ‘ accusing Ava Labs the development company behind Avalanche to sign a ” secret agreement ” con Roche to generate a bad image of some cryptocurrency competitors and thus divert the attention of regulators away from Ava Labs .
The report includes several videos from an unknown source showing Roche discussing his relationship with Ava Labs and the various lawsuits he has helped lead. The lawyer also brags in one of the videos about his use of the law to gather confidential information from competitors and appears to be referring to judges and plaintiffs as ” idiots “, as recalled by CoinDesk .
Since the publication, several of the figures mentioned in the report have come out to deny the allegations. The CEO of e Ava Labs Emin Gün Sirer, repudiated the accusations in a statement. tweet saying that it was a “ nonsense conspiracy theory “. Sirer also denied having a relationship with the lawyer beyond his representation of the company in contract in traditional finance, a contract is a binding agreement between two parties. In cryptocurrencies, smart contracts execute functions on the blockchain. disputes and a personal defamation case.
The CEO ofRippleBrad Garlinhouse, who is also smeared in the report with similar accusations of efforts to harm cryptocurrency competitors, responded in kind by denying the allegations. Garlinhouse said he has never had any contact with Kyle Roche, contrary to the report’s claims.
Lawsuits could still proceed
In the same vein, Roche published a blog entry with its response to the allegations ofCrypto Leaks. In that statement, counsel noted that the videos included in the report were recorded without his consent during private meetings. He added that many of them were “highly edited ” y “ are not presented with a precise context “.
Roche, who also rejected the existence of such a “secret pact” to damage the competitors of Ava Labs has withdrawn from several cryptocurrency cases, but is still involved in others.
As he points out CoinDesk , Roche has not withdrawn as counsel in the class action lawsuits filed against Nexo , Solana Labs, Dfinity , BAM Trading (the operator of Binance.US ), as well as the independent bankruptcy cases of Celsius Network a network refers to all nodes in the operation of a blockchain at any given moment in time. y Block.One .
There has been speculation that the reason for Roche’s recent exit from several of the cryptocurrency class action lawsuits is the outrage generated by the report byCrypto LeaksHowever, the lawyer has not made an official announcement as to the reasons. The firmRoche Freedman has also not confirmed the motive and it is not known whether they will proceed with the lawsuits.
It should be noted that Roche’s withdrawal does not mean that the lawsuits will be completely withdrawn, as they could still proceed without counsel.
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Article by Hannah Estefania Perez / DiarioBitcoin
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