Ripple CEO comments on Crypto Leaks, denies funding law firm to target others


Ripple CEO Brad Garlinghouse took to Twitter to deny latest explosive claims made by Crypto Leaks, an Online publication focusing on corruption and fraud-related information within the crypto ecosystem.

Crypto Leaks printed a report on Friday containing a collection of brief movies from an unknown supply. The report claimed that Ava Labs shaped a secret pact with the law firm to use the American authorized system “gangster style” to “assault and hurt crypto organizations.”

The same report also alleged that Ripple CEO Brad Garlinghouse funded a law firm to target competitor firms. The report claimed Roche, who founded Roche Freedman, was earlier working with Boies Schiller Flexner, a firm that was representing Ripple in its lawsuit against the United States Securities and Exchange Commission (SEC).

Roche allegedly approached Garlinghouse to invest in a law firm that would target competitor crypto firms with lawsuits quite similar to what Ripple was facing at the time. And Kyle claimed that Garlinhouse agreed to his proposal.

“For whatever reasons Brad Garlinghouse invested in Kyle Roche and supported him on his current path, it certainly didn’t save him from the SEC.”

Ripple CEO took to Twitter to deny any such allegations and claimed that he has “never met or spoken to (much less invested in) Kyle Roche. “

Crypto Leaks’ latest slew of allegations in opposition to Ava Labs and Brad Garlinhouse created fairly a buzz within the crypto trade as each the CEOs of the firm have denied any allegiance to Kyle Roche and his law firm.

Related: Ripple CTO lashes again at Vitalik Buterin for his dig at XRP

Ripple and XRP neighborhood have been fast to come to the protection of the corporate’s CEO, the place one consumer pointed towards the flaw within the argument put ahead by Crypto Leaks. The consumer identified that the claims have been primarily based on Kyle’s comments, which have been later offered as information with out proof.

While Garlinghouse denied investing in a law firm that targets rivals, Ripple’s co-founder and government chairman Chris Larsen was infamously concerned within the marketing campaign to change the code of Bitcoin.