Chainalysis to Defend Itself in $650M Defamation Case Despite Multiple Attempts to Dismiss Motion
Chainalysis is facing a $650 million defamation lawsuit for allegedly misclassifying a crypto project as a major scam in its 2023 Crypto Crime Report. Despite multiple dismissal attempts, Exceptional Media and YieldNodes challenge the claims. Chainalysis argues that the plaintiffs haven’t proven YieldNodes isn’t a scam. If the case proceeds, it could set a precedent for transparency in blockchain surveillance.
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