Odaily Planet Daily News: Legal representatives of blockchain analysis company Chainalysis attended a hearing in the New York Supreme Court on October 16, involving a defamation lawsuit filed against the company in January 2024. According to documents published on the legal analysis website Trellis, the judge presiding over the case will weigh a recently filed motion to dismiss 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 falsely referred to its YieldNodes project as an "investment scam." Exceptional Media is demanding at least $650 million in damages, citing damage to its reputation and customer base, and said Chainalysis's allegations were malicious. (Cointelegraph)