AVAX Falls 20% After Publication of 'Evil Conspiracy' Investigation

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AVAX Falls 20% After Publication of 'Evil Conspiracy' Investigation
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AVAX is losing value after accusations of dirty play against Solana and Binance avalanche solana binance cryptoleaks xrpsec cryptocurrencies $bnb $sol $avax

on competitors such as Solana and Binance in order to smear them and stifle their development.

After the publication of the investigation on Saturday, Aug. 26, AVAX quotes began to decline, losing 20% in two days. The decline continues to take place today too, when AVAX is trading at -3.4% against the market.The attack, according to the article, was executed by the law firm Roche Freedman, which received 1% of the AVAX tokens of Ava Labs holdings as payment. For this fee, a law firm employee looked for loopholes in U.S.

Founder and CEO of Ava Labs Emin Gün Sirer responded to the investigation today with a tweet stating that Avalanche would never participate in such an unethical and illegal campaign.How could anyone believe something so ridiculous as the conspiracy theory nonsense on Cryptoleaks? We would never engage in the unlawful, unethical and just plain wrong behavior claimed in these self-serving videos and inflammatory article. Our tech & team speak for themselves.

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