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Wednesday, November 30, 2022

Tether Requests Booting Of Roche Freedman

The attorneys for Bitfinex and Tether also request that the law firm destroy or return all papers supplied to the defendants and certify that they have not been shared.

Following a demand by Kyle Roche to be removed as counsel in the case, Tether (USDT)-issuing company Tether wants Roche Freedman, the law firm, “terminated” as counsel from the Bitfinex and Tether class-action lawsuit.

Tether Requests The Removal Of Roche

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Tether and Bitfinex’s legal team asked for Roche’s legal team to be completely removed from the case and certified that they had destroyed or returned all documents issued to the defendants and had prevented it from being shared with any 3rd party, like Ava Labs, in a court order request submitted by Elliot Greenfield of Debevoise & Plimpton LLP on Wednesday.

The request was made soon after Roche filed a motion notice to remove itself from the Tether class action lawsuit due to continued repercussions caused by a CryptoLeaks exposé that claimed the American attorney had a covert agreement to “damage” Ava Labs rivals in return for Ava Labs ownership AVAX tokens.

Kyle Roche “may be abusing the discovery process,” according to Greenfield, who said that remarks made by Roche and posted on the CryptoLeaks website have caused “great worry.”

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He claims to be Ava Lab’s “crypto specialist” and to “know[s] where this industry is heading” since he “sue[s] half the firms in the field” and has “seen the insides of every single crypto company.”

Greenfield emphasised that Roche Freedman LLP “has issued a number of document requests seeking material that has no obvious relation to the claims and defences in this complaint” and said that the issues are very pertinent to the case.

The attorney also emphasized the necessity for the suppression of the documents, saying that they contain information that, if made public, would endanger the security and privacy of the defendants and their clients as well as confidential and competitively sensitive information about the defendants’ businesses.

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