CryptoLeaks is an anonymous publisher and investigative media organization founded in 2022. It operates as a non-profit and is funded by donations and media partnerships. The organization claims to be a group of anonymous cryptocurrency enthusiasts and investigative journalists who want to clean up the cryptocurrency industry from corruption, manipulation, and fraud.[1] CryptoLeaks has released several videos purporting to be sting operation videos in which figures in the cryptocurrency industry have revealed key information hidden from the public.[2][3]

In August 2022,[4] CryptoLeaks released over twenty video clips of lawyer Kyle Roche, a founder of Roche Freedman law firm, talking about his relationship with his client Ava Labs, developer of the Avalanche Blockchain and its native AVAX cryptocurrency.[3] In the videos, Roche revealed that Ava Labs had given him AVAX digital tokens worth tens of millions of dollars, and seemed to indicate that his overarching priority was to further Ava Labs’ interests, even when representing other clients.[3] Roche appeared to boast about utilizing litigation as "a tool to competition", using lawsuits against competitors to harm their business and distract financial regulators from scrutinizing Ava Labs.[3]

Roche denied any improper relationship with Ava Labs, insisting that although the videos were genuine, they had been “illegally obtained” and were “highly edited and spliced out of context”.[2][3] However, Roche was forced out of his law firm, which rebranded under a new name, and the firm was dismissed from several cryptocurrency cases it had been litigating.[3][5]

References

  1. "Crypto Leaks | About". cryptoleaks.info. Retrieved 2023-08-31.
  2. 1 2 Miller, Rosemarie. "Crypto Lawyer Roche Beset On 2 Fronts After Leaked Videos". Forbes. Archived from the original on 2022-09-01. Retrieved 2023-08-31.
  3. 1 2 3 4 5 6 Carreyrou, John (2023-06-18). "He Went After Crypto Companies. Then Someone Came After Him". The New York Times. Archived from the original on 2023-06-21. Retrieved 2023-08-31.
  4. "CryptoLeaks Case #3". CryptoLeaks. Retrieved August 30, 2023.
  5. "Controversial Crypto Lawyer Kyle Roche Pulls Out of Nexo, Binance.US, Solana and Dfinity Lawsuits". Yahoo Finance. 2022-09-01. Retrieved 2023-08-31.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.