Libel and slander would actually be a good model!
1. Requires actual damages. The speech cost you money or demonstrably harmed you in some way. No, "you hurt my feelings" or "I paid with my identity" doesn't count.
2. Both parties have an opportunity to plead their case to a neutral adjudicator. The proceedings are generally public record and there is a process for appeals. The rules governing the system (laws) are public record and citizens have a say in electing the representatives who write those rules.
3. The speech must be not only demonstrably false, but intended to be believed and also be something that reasonable person could possibly believe. Opinions generally do not meet the level of libel or slander.
Yeah, that's not bad. Compare that to Twitter's system where an opaque set of rules are applied inconsistently by an unaccountable party with no appeal process.