U.S. court dismisses DFINITY's defamation lawsuit against Arkham and The New York Times

A US court has dismissed a defamation lawsuit filed by DFINITY, the developer of the decentralized computing platform Internet Computer (ICP), against blockchain analytics platform Arkham Intelligence and The New York Times (NYT). Arkham and NYT previously published reports on the 2021 ICP crash, which DFINITY claimed were untrue. Presiding Judge Lewis Kaplan stated, "Arkham claims that DFINITY insiders defrauded billions of dollars by dumping ICP on exchanges, which does not constitute defamation. For the same reason, The New York Times is not liable." (Reuters)