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Cryptoknowmics 2023-06-24 06:59:51

Report: Mainstream Media Questions Decision to Safeguard FTX Customers

The decision to keep the FTX customer names sealed has been opposed by the four major media outlets that support their stablecoin. Bloomberg, Dow Jones & Company, The New York Times, and the Financial Times appealed Judge Dorsey’s decision, which allowed FTX to “permanently redact” the names of individual customers from all filings for their safety. However, legal representatives for the media organizations argued that FTX does not qualify for a “novel and sweeping exception” to the disclosure requirements for bankruptcy due to the fact that its “customers used cryptocurrency.” Media to keep customer’s names secret in bankruptcy: ‘keep the The post Report: Mainstream Media Questions Decision to Safeguard FTX Customers appeared first on Cryptoknowmics-Crypto News and Media Platform .

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