The names of individual customers of collapsed cryptocurrency exchange FTX Trading can be permanently shielded from public disclosure, judge rules.
FILE - The FTX Arena logo is seen where the Miami Heat basketball team plays, Nov. 12, 2022, in Miami. A Delaware bankruptcy judge ruled Friday, June 9, 2023, that the names of individual customers of disgraced cryptocurrency exchange FTX Trading can be permanently shielded from public disclosure. The names of individual customers of collapsed cryptocurrency exchange FTX Trading can be permanently shielded from public disclosure, a Delaware bankruptcy judge ruled Friday.
“It’s the customers that are the most important issue here,” he said. “I want to make sure that they are protected and they don’t fall victim to any types of scams that might be happening out there.” But lawyers for FTX and its official committee of unsecured creditors argued that its customer list is both a valuable asset and confidential commercial information. They contend that secrecy is needed to protect FTX customers from theft and potential scams, and to ensure that potential competitors do not “poach” FTX customers. FTX believes its customer list could prove valuable as part of any sale of assets, or as part of a reorganization.
In January, Dorsey ruled that FTX could redact the names of all customers, and the addresses and email addresses of non-individual customers, from court filings for 90 days. He also authorized FTX to permanently keep secret the addresses and email addresses of individual creditors and equity holders.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Judge in FTX bankruptcy rejects media challenge, says customer names can remain secretThe names of individual customers of collapsed cryptocurrency exchange FTX Trading can be shielded from public disclosure, a Delaware bankruptcy judge rules.
Read more »
FTX Bankruptcy Judge Says U.S. Courts Should Have Full Control Over $7.3B in Disputed AssetsA U.S. bankruptcy judge indicated he plans to reject a request from liquidators in the Bahamas to allow them to control $7.3 billion of ftx_official’s disputed assets during a bankruptcy hearing on Thursday. LizKNapolitano reports
Read more »
Delaware County family rescues kitten found trapped inside fireplace vent pipeThe Whisler family heard the kitten's cries from inside their home. They soon discovered it was inside the fireplace vent, which was unknowingly uncapped.
Read more »
Delaware's not collecting tolls Thursday due to unhealthy smoky airDriving in Delaware? Due to the poor air quality, there will be no one collecting cash tolls Thursday. FirstAlertTraffic
Read more »
University of Delaware researchers study wasps as solution to spotted lanternflies in regionSpotted lanternflies have the potential to cause more than $500 million in damage to crops, officials say.
Read more »