In response to objections raised by leading media organizations, FTX has requested that its customer names be kept confidential for a period of at least six months. The now-defunct exchange has indicated that it may seek additional extensions, although this will be subject to assessment by the court.
The business has contended that standard bankruptcy regulations, which call for disclosing information about creditors—among them, as many as 9.5 million clients —could expose them to fraud, breach their privacy, and give competitors access, eroding FTX’s worth as it looks for potential buyers.
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