FTX creditors concerned about their names and other personal information being disclosed as part of the crypto exchange’s bankruptcy proceedings can breathe a sigh of relief – at least temporarily. Delaware District Court Judge John Dorsey approved a motion on an interim basis allowing FTX to redact information including names and addresses on its creditor matrix during a hearing Tuesday.
Lawyers from Sullivan & Cromwell, the law firm representing FTX, pushed back, arguing that it was important to protect FTX’s customers from being involuntarily disclosed as investors. They also claimed that FTX’s customer list was one of the firm’s most valuable assets and should be protected from rival exchanges.
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