Kyle Roach, an attorney and founding partner at boutique cryptocurrency firm Roach Freedman LLP, recently dropped several lawsuits filed by the law firm. The attorney’s recusal seeks videos showing the attorney discussing interactions with crypto companies. Stablecoin issuer Tether is seeking dismissal of a class action lawsuit against litigation firm Roche Friedman after prosecutors filed an initial filing.
Elliott Greenfield of Debevoise & Plimpton LLP wrote to the judge presiding over the class action against stable supplier Kevin Teter. The class action lawsuit alleges that Tether Stablecoin (USDT) manipulated the cryptocurrency market. A summary of the case, compiled on Roche Friedman’s website, says: “The crypto asset ‘Tether’ or ‘USDT’ was mistakenly sold as backed by a 1:1 USD balance.” The plaintiffs also allege that the devaluation of USDT was used to purchase cryptocurrencies to create artificially inflated prices.
This letter is about Kyle Roach, attorney and founding partner of Roach Friedman. Roche recently attracted controversy as a series of videos released by CryptoLeaks show a lawyer discussing a specific relationship with a crypto business. A lawyer addressed the Crypto Leaks video, saying the information contained “various illegal distortions and highly edited, illegal videos that were not presented in their proper context.” On August 31, Roche ended several class action lawsuits, including one against Tether. Basically, the lawyer argues that Roche’s connection to the recent crypto leaked videos is enough to remove Roche Friedman from the case entirely. However, if there are cases of opening and abuse of class actions to solve serious problems of Rachin’s departure, Debovois & Bilimon lawyer mentions the formation of lawyers. “Even if he no longer writes advice, he is still close to the invention and supports the ability to fulfill the behavior of other lawyers in his company and benefit from any healing.”