US Judge Dismisses 15 Claims Against Chainalysis in Celsius Audit Lawsuit

Key Facts

1A judge dismissed 15 claims against Chainalysis while allowing one claim of aiding and abetting regarding Celsius's audit to proceed.

2The judge gave plaintiffs until October 20 to amend three consumer-protection claims.

U.S. District Judge Margaret Garnett dismissed 15 claims against blockchain analytics firm Chainalysis in a lawsuit linked to the collapsed crypto lender Celsius, while allowing one claim of aiding and abetting to proceed. TokenPost reported that the court sustained the allegation that Chainalysis assisted Celsius insiders in breaching fiduciary duties regarding a December 2020 press release that claimed $3.3 billion in assets under a purported "audit."

The lawsuit alleges that Chainalysis approved and helped draft the announcement despite knowing that claims of independent verification were misleading. The judge granted plaintiffs until October 20, 2026, to amend three consumer-protection claims, while 12 other legal theories were dismissed with prejudice. These proceedings are part of ongoing recovery efforts for creditors following the Celsius collapse, which left approximately $4.7 billion in customer assets inaccessible.