Last night, the allegations about AVAX, including Binance CEO CZ, occupied the agenda of the market.
Emin Gün Sirer, who responded when the events related to the subject first broke out, had not made any statement since then. Now making a statement on the subject, AVAX CEO used the following statements:
“Normally, we wouldn’t disclose for claims on disreputable websites like Cryptoleaks. Honoring such blatant fraud with a response is often pointless.
It saddens me to see people in the crypto space giving credit to such blatant nonsense. These allegations came to light when Kyle Roche, a lawyer at an early company we worked for, tried to impress a potential business partner by making false claims about the nature of his work for Ava Labs.
Let me tell you the truth about the lies that caught my attention the most:
The claims on this site are absolutely false. Ava Labs believes in transparency and facing the world, not through behind-the-scenes operations or activities.
Neither I nor anyone else at Ava Labs guided Roche in its case selection.
We do not receive materials or information from him and do not entrust our legal affairs to him. Roche itself confirmed this in a public statement. He represented Ava Labs in just a few casual corporate disputes and me in a defamation lawsuit. His firm is one of more than a dozen law firms we employ in tax, corporate, regulatory and human resources matters.
Roche filed all of its cases independently of us. For example, we learned about the Solana case from the press. We were very upset that he was suing another project and we tried to persuade him to drop the case. Ava Labs’ General Counsel took the extra effort to write an article rebutting Roche’s case as worthless.
Roche is not responsible for regulatory matters for Ava Labs. We have good relationships with the regulatory community, policy makers and law enforcement independently. We hold ourselves to high standards and believe they accept it.
Roche is not on our management team and we do not seek advice from him other than on a few minor issues where he used to represent us. It has no say in our business decisions, legal decisions, how the company is run, or anything related to the Avalanche protocol. He handled only a few cases in his jurisdiction that were unimportant to us.
Let me be absolutely clear: we are not interested in or supporting any of the stealth tactics suggested in the article or video clips. We believe in what we’re building and we don’t need collusion or behind-the-scenes machinations.
The fact that the allegations have surfaced on a disreputable website is impressive as the third article in a series where the first article alleges a massive conspiracy by The New York Times against a crypto project and the second claims a multi-billion dollar price-fixing scheme. Against the token of the same project by FTX.
We will continue to build and work hard for the blockchain community. We encourage everyone to put aside pettiness, personal attacks, and fraudulent lies. Let’s keep building together.
Sincerely,
Emin Gun Sirer”