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Thursday, April 24, 2025

Crypto Leaks Comments by Partner 'Uniquely Stupid,' Judge Says - Bloomberg Law

Leaked comments ignited push for law firm’s removal
Co-founder Roche already removed from class suits
A New York judge Monday called a Roche Freedman co-founding partner’s leaked comments boasting about his firm’s relationship with a crypto startup “uniquely stupid.”
Katherine Polk Failla, a U.S. district judge for the Southern District of New York, also voiced concerns about the firm’s motivations for filing a class action accusing crypto exchange Bitfinex and affiliate Tether of market manipulation.
She said she will decide within a week whether the firm should be booted from representing plaintiffs in the case.
Monday’s hearing came more than a month after a website called Crypto Leaks released recordings of firm co-founder Kyle Roche discussing a tight relationship with Ava Labs, a blockchain developer. Roche has denied allegations that his firm has used litigation to target Ava Labs competitors.
The recordings also showed Roche making disparaging remarks about class members in...



Read Full Story: https://news.bloomberglaw.com/us-law-week/crypto-leaks-comments-by-partner-un...

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