The suit alleges Chainalysis falsely labeled the YieldNodes project a scam.
Legal representatives from blockchain analytics firm Chainalysis are scheduled to appear at a New York Supreme Court hearing on Oct. 16 related to a defamation suit brought against the firm in January of 2024.
According to documents posted on legal analysis site Trellis, the judge presiding over the case will weigh in on a recently filed motion to dismiss from the Chainalysis legal team.
Chainalysis is being sued by Exceptional Media Ltd., the company behind the YieldNodes blockchain investment project. According to legal documents filed by Exceptional Media, Chainalysis erroneously labeled its YieldNodes project an “investment scam.”
