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Mainstream media challenge decision to protect FTX customers: Report

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According to a recent Reuters report, the four major media organizations advocating for the disclosure of FTX customer names have challenged the decision to keep them “permanently redacted.”

The media outlets have stood by the fact that bankrupt companies are usually obligated to disclose the names and amounts owed to their creditors.

This is in line with the exception in U.S. bankruptcy law that addresses the potential risk of identity theft or other harm.previously filedIn the earlier filing it was argued that revealing the names wouldn't subject creditors to"undue risk" as well as contending that the list does not qualify as"confidential commercial information.

 

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Major media organizations oppose sealing FTX customer names, while a crypto lawyer highlights potential harm if identities are disclosed.

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