FTX News: Bloomberg, FT, NYT Appeal Court Decision To Redact Customer Names
Media Outlets Appeal Against Customer Names Redaction Earlier this month, Bankruptcy Judge John Dorsey ruled that FTX can keep its individual customers’ names secret as it could expose them to identity theft and other scams. Typically, bankrupt companies are required to disclose their creditors and debt amounts they hold, including individual customers, but the US bankruptcy law contains sections preventing details on the basis of risk of identity theft or other injuries. advertisement FTX debtors and creditors argued customers of crypto lender Celsius Network faced scams and identity theft after its customers’ names were revealed. On Friday, the media outlets filed a notice of appeal in the Delaware Bankruptcy Court to appeal Judge John Dorsey’s ruling to permanently redact FTX customer names from the bankruptcy case. Attorneys for Bloomberg and other media outlets argue FTX bankruptcy is not entitled to disclosure requirements exception. Thi...