Poloniex, Bittrex Want Kyle Roche’s Law Firm Removed From Class-Action Against the Exchanges – Bitcoin News

Following the controversy surrounding Kyle Roche, a lawyer and founding partner of litigation firm Roche Freedman LLP, the two cryptocurrency exchange firms Bittrex and Poloniex want the law firm to be removed from the class action against them. Similar to the attorney representing Tether, attorneys representing Bittrex and Poloniex claim that “Mr. Roche’s recent statements raise serious concerns. “

Poloniex, Bittrex lawyers want Roche Freedman LLP removed from an anti-trade lawsuit

Bittrex and Poloniex want the law firm Roche Freedman LLP removed from a specific class action brought against them. The cryptocurrency boutique litigation firm filed a class action against several trading platforms in 2020 and the lawsuit claims that a number of centralized exchanges have used tether (USDT) to manipulate cryptocurrency prices.

However, Kyle Roche, a lawyer and founding partner of Roche Freedman, withdrew from the lawsuits after a video series was published by Crypto Leaks. In the video clips, Roche discusses her relationship with various cryptocurrency businesses.

The attorney claims that the clips contain “numerous false statements without sources and highly edited illegally obtained video clips that are not presented with accurate context.” Despite Roche’s defense, she has decided to withdraw from several high-profile cryptocurrency lawsuits.

Immediately after Roche removed himself from the lawsuits, Tether’s attorney Elliot Greenfield of Debevoise & Plimpton LLP demanded that Roche’s entire firm be excluded from the lawsuit. Now Poloniex and Bittrex are demanding the same and believe that Roche’s statements and integrity could taint actions such as the intent behind the discovery.

“Mr. Roche’s recent statements raise serious concerns about the intent behind this discovery and how it will be used,” the exchange’s attorneys wrote to the New York Southern District Judge President. The deposit adds:

Although the exchange defendants appreciate that a precautionary order has been issued in this matter and that lawyers can be expected to comply with those orders, Mr. Roche’s statements make it clear that he has already used confidential material produced in litigation for improper purposes.

Meanwhile, Roche Freedman believes the allegations against Kyle Roche are “demonstrably false” and the law firm says it expected the defendants to leverage the dispute against the entire law firm. “It is not surprising, however, that the defendants are using it as a litigation tactic to disqualify the entire company,” explained Roche Freedman.

Tag in this story

BitFinex, Bittrex, Bittrex Global, Class Action Lawsuit, Class-Action, confidential information, Crypto, cryptographic assets, Crypto Leaks, Crypto Leaks video, Debevoise & Plimpton, Elliot Greenfield, Kyle Roche, Lawsuit, Poloniex, Roche Freedman, Tether, Tether (USDT), USDT, video

What do you think of Bittrex and Poloniex asking the judge to remove Roche Freedman from the class action against the companies? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the News Lead of Bitcoin.com News and a financial technology journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News on the disruptive protocols emerging today.

Image credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, nor a recommendation or endorsement of products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use or reliance on any content, good or service mentioned in this article.

Leave a Comment