Roche Firm Booted From Tether Action After Crypto Leaks Post (1)

Oct. 13, 2022, 6:53 PM UTCUpdated: Oct. 13, 2022, 8:54 PM UTC

A New York judge on Thursday removed Roche Freedman from representing plaintiffs in a class action that accuses the crypto exchange Bitfinex and Tether, the issuer of the USDT stablecoin, of market manipulation.

The decision is a blow for Roche Freedman after videos posted on a website called Crypto Leaks showed founding partner Kyle Roche boasting about the law firm’s relationship with the crypto startup Ava Labs.

Katherine Polk Failla, a U.S. district judge for the Southern District of New York, said in a hearing Thursday that the firm’s continued participation in the case could derail litigation. She said she ...

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