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AVAX Falls After Self-Described Whistleblower Alleges Avalanche Weaponized Litigation Against Rivals

AVAX token dropped to its lowest level since July 13 on Monday after self-described "whistleblower" website Crypto Leaks accused Ava Labs, the company behind its parent smart-contract blockchain Avalanche, of paying lawyers to hurt competitors and keep regulators at bay. Emin Gün Sirer, Ava Labs founder and CEO, dismissed the piece as "conspiracy theory nonsense."