The price of the public chain Avalanche token AVAX has now fallen to 18.25, a drop of 8% in 24 hours. It is reported that the token fell as low as 17.92 this morning.
Earlier news, Cryptoleaks said that Ava Labs cooperated with law firm Roche Freedman to launch a large number of malicious lawsuits against competitors, including Binance, Solana Labs and DFINITY Foundation.
Later, Ava Labs founder Emin Gün Sirer responded that Ava Labs did not conduct malicious attacks on competitors.
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