Judge Allows Breach of Fiduciary Duty Claim Against Chainalysis to Proceed

A U.S. judge has dismissed most claims in a lawsuit filed by the Celsius bankruptcy estate against Chainalysis, but permitted a claim alleging the firm aided in a breach of fiduciary duty to move forward. The claim involves a 2020 Celsius announcement that cited Chainalysis software to verify $3.3 billion in assets, which the complaint alleges was misleading. The court's ruling does not confirm the allegations as facts but allows the case to proceed to the next stage.