Ava Labs founder Emin Gün Sirer confirmed on X that there was a ‘reduction in force’ at the blockchain company, saying that 12% of staff were affected due to the poor market conditions.
Crypto Leaks' update claims that Ava Labs employs an army of 'astroturf' social media accounts that target rival blockchains and anyone who dares publicly criticize Ava co-founder/CEO Emin Gün Sirer.
A judge has denied an attempt by Kyle Roche to introduce an expert report which purports to cast doubt on the authenticity of leaked videos implicating Roche and his former firm Roche Freedman in engaging in sham litigation to harass client competitors.
Security researcher James Edwards posted a four-part description of how the AvalancheGo vulnerability works, noting that it is only present in the Golang implementation of the Avalanche Protocol.
Apart from the planned meeting with EU officials on the MiCA regulations, U.S. authorities will also hold talks with controversial digital asset firms, including Binance, Ripple, and Coinbase.
Nexo argues that the class action lawsuit filed against it by customer Junhan Jeong should be dismissed as its legal counsel Roche Freedman is using discovery for "inappropriate purposes."
The move comes as the firm continues to face pressure after leaked videos showed Roche bragging about abusing the legal system to harass the competitors of one of their clients, Ava Labs.
The decision comes as a result of explosive leaked videos showing Roche Freedman partner Kyle Roche bragging about using straw plaintiffs to launch lawsuits against crypto companies.
The U.S. judge in charge of Roche Freedman’s class action suit against Bitfinex and Tether called their founding partner’s admission that the firm uses litigation to attack crypto competitors ‘uniquely stupid.’
The Tulip Trust has asked that Roche Freedman be disqualified from its case against Ira Kleiman over the ownership of W&K.
Lawyers for Dr. Craig Wright has filed the motion over leaked videos showed Roche admitting to abusing the legal process to gain a competitive advantage for Ava Labs.