In the FTX bankruptcy case, the presiding judge John Dorsey has ruled to maintain the confidentiality of individual customer identities, according to a recent decision on Friday. Dorsey emphasized the importance of safeguarding these clients, expressing concern for their potential vulnerability to scams.
Despite the Media’s Attempt, FTX Customers’ Identities Will Be Shielded From Public Eye
Despite media attempts to unveil the identities of those who utilized the now-defunct crypto trading platform FTX, the insolvency judge overseeing the proceedings has opted to keep them concealed, as reported by the Associated Press. A legal representative for various news organizations contended that both the public and the press should have access to this information prior to Dorsey’s ruling.
The attorney representing media outlets expounded on the far-reaching consequences of this event, stating that it “sent shock waves not just through the cryptocurrency industry, but the entire financi
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