News organizations challenge court decision on FTX customer privacy

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Bloomberg, Dow Jones & Company, The New York Times Company and the Financial Times appealing decision to keep customer names secret

A group of media organizations on Friday appealed a court decision that allows collapsed crypto exchange FTX to keep customer names secret during its bankruptcy case.

Bloomberg, Dow Jones & Company, The New York Times Company and the Financial Times appealed Dorsey’s ruling. Their attorneys have argued that FTX is not entitled to a “novel and sweeping exception” to bankruptcy’s typical disclosure requirements simply because its customers used cryptocurrency. After the judge in the Celsius case ordered customers’ names be revealed, Celsius users saw an increase in phishing attacks from scammers who posed as bankruptcy attorneys and Celsius employees, according to FTX’s court filings.

 

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