A short seller claimed an Illinois federal court lacks both subject-matter and personal jurisdiction to hear a defamation suit brought by a blockchain-focused artificial intelligence firm, saying the suit should be tossed because the parties and the allegations in the case have no meaningful connection to Illinois. A short seller contends that an Illinois federal court lacks subject-matter and personal jurisdiction to hear a defamation suit filed by a blockchain-focused AI company. The filing argues the parties and the conduct alleged have little connection to Illinois, and urges dismissal.
The dispute centers on whether Illinois is the proper venue for the defamation claim, with the plaintiff highlighting connections to the state and the defendant arguing otherwise. A ruling on jurisdiction could influence how federal courts handle tech-focused defamation cases involving blockchain and AI firms. Such outcomes may affect where future blockchain-related defamation actions are pursued.
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