After the scandalous revelations of Cryptoleaks, the CEO of Ava Labs decides to speak up and demystify this case. In view of everything that has been said so far, fact and fiction are intertwined and everyone is skeptical. However, Emin Gün Sirer intends to restore the truth.
Is Emin Gün Sirer finally restoring the truth?
The web has been shaken for a few days by grotesque accusations vis-à-vis the Avalanche blockchain (AVAX). Indeed, the Cryptoleaks media published a sensational article in which it accuses Ava Labs of numerous frauds. Faced with the growing media coverage of this case, the CEO of the crypto company, Emin Gün Sirer, finally set out to establish the truth about these damning facts.
For starters, he states that Kyle Roche made all these false claims to impress a potential business partner. The guiding principle of Ava Labs is transparency. Because of this, neither he nor any member of his team would opt for illegal activities. Next, he asserts that Ava Labs is in no way responsible for the actions of the law firm Roche Freedman.
On this point, it is important to note that Kyle Roche was not in charge of regulatory matters for the crypto company. His role was limited to ordinary business. To top it off, the CEO of Ava Labs says he has a good relationship with regulators and law enforcement. Further proof of the defamatory character of the Cryptoleaks article.
What interest for Kyle Roche and Cryptoleaks?
The series of Kyle Roche videos that appeared in the Cryptoleaks article leave investors puzzled. If some believed it, others remain in doubt, including the personalities mentioned. The declaration of Emin Gün Sirer, the CEO of Ava Labs calls into question certain details. Indeed, Avalanche is a solid blockchain with millions of users.
As a result, it is almost unlikely that these allegations are founded. Sirer said Roche only deals with minor business matters. Because of this, he has no say in the crypto company’s legal or business decisions. And the fact that these allegations appeared on a disreputable site speaks volumes.
Indeed, this is not the first time that Cryptoleaks has put forward a conspiracy theory. But if all of these allegations are truly false, the real question is what drives Kyle Roche. While the website only relays information, the lawyer’s motives remain unclear.
If so far a gray cloud floats over this affair, Emin Gün Sirer still wants to make things clear. Indeed, the latter is adamant that Avalanche doesn’t need a secret pact or behind-the-scenes intrigue to thrive. As a result, neither he nor his team are aware of Kyle Roche’s plans. His speech seems to have had an effect since many people have welcomed his initiative.
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