Former Crypto Plaintiffs’ Lawyers Launch High-Profile Firm

Two prominent attorneys, Eric Rosen and Constantine Economides, have left the cryptocurrency-focused law firm, Freedman Normand Friedland (formerly Roche Freedman), to establish their own practice, Dynamis. This strategic move comes after a period of transformation within their former firm, which rebranded following co-founder Kyle Roche's departure amid allegations of misconduct. Roche denied the claims, describing them as part of a setup.

Rosen, a former federal prosecutor known for leading the high-profile "Varsity Blues" college admissions investigation, and Economides, with a robust background in recovering billions for victims of Bernie Madoff's Ponzi scheme, bring significant expertise to their new venture. Dynamis launches with offices in Boston, Miami, and New York, supported by an initial team that includes two paralegals and an associate from their previous firm.

The duo emphasized that Dynamis symbolizes a collective vision rather than being defined by their names. They plan to collaborate with Freedman Normand as co-counsel on ongoing cases, including a $33 million arbitration demand against Coinbase. This case involves 118 individuals alleging they were scammed while using Coinbase’s services, though the company asserts customers have sole control over their wallets.

Rosen and Economides also intend to expand their practice to address high-stakes litigation, including Rosen’s ongoing representation of John Rybarczyk, who faces charges of securities fraud involving social media platforms.

Their departure is amicable, with Freedman Normand expressing support for their new endeavor. Economides stated that the decision to launch Dynamis was timely, driven by a robust pipeline of work and an entrepreneurial spirit. This move reflects a broader trend in the legal industry of attorneys seeking independence to shape their practices and respond dynamically to market demands.