Avalanche Inventor Disclosed About AVAX Claims!

Emin Gün Sirer, Founder and CEO of Ava Labs, the company behind Avalanche (AVAX), made another statement regarding a recent sensational report by CryptoLeaks. Then, Binance CEO CZ responded to Emin Gün Sirer’s statement. Here are the details…

Avalanche founder made a statement about the allegations

Emin Gün Sirer yesterday said that the allegations of conspiracy against competitors made by CryptoLeaks were “absurd”. He called it “conspiracy theory bullshit”. In fact, COO and Co-Founder Kevin Sekniqi also responded to the report, noting that the allegations against Ava Labs were “stupid and false.” Emin Gün Sirer also made a statement today. He stated the following about the allegations regarding Ava Labs:

I’ll try to be pretty clear: We’re not involved in, we don’t support, any of the underhand attack tactics mentioned in this article or some of the videos. We believe in what we’ve built, and we don’t need collusion or intrigues behind closed doors.

The responses came three days after CryptoLeaks released a report featuring a series of videos featuring Roche Freedman LLP co-founder Kyle Roche. The videos contain shocking claims by Roche. It also reveals how Roche Freedman and Ava Labs entered into a “collusion”. Under the alleged settlement, Roche and its partners received a stake in the procurement of Ava Labs and AVAX in exchange for bringing Ava Labs competitors into lawsuits that disrupted its operations and benefited Ava Labs.

In these videos, Roche went on to explain how he allegedly used the case as a tool. According to the report, Roche is filing class action lawsuits against Ava Labs’ competitors, which gives its firm access to sensitive documents that must be shared with plaintiffs as part of the discovery.

CZ responds to AVAX founder’s statement

As you follow on Kriptokoin.com, the crypto market started the week with striking claims around Avalanche. The source of the allegations was Cryptoleaks. However, it was shared by Binance CEO CZ. After CZ’s sharing, the agenda of the crypto money market was shaken with these allegations. On the other hand, before long, the CEO of Binance deleted the aforementioned posts. However, the buzz in the market had already led to an FUD. That’s why the Avalanche price has seen sharp drops.

As we mentioned above, AVAX founder Emin Gün Sirer made a statement on the subject. Sirer flatly denied the allegations. After that, Binance CEO, who helped spread the allegations, made a statement by quoting Sirer’s share. CZ said in his post that it is necessary to listen to both sides of the story. Also, “who are these types of FUDs being launched by?” he asked a question.