BITmarkets Team
Jan 12, 2023
After a January 8th filing by the lawyers of the infamous FTX exchange which stressed the potential risk of identity theft which may arise if public disclosure of FTX customers takes place, a judge ruled that the names of FTX customers will remain confidential for at least three months.
Judge John Dorsey made his decision despite considerable “reluctancy”, as disclosing the information of up to 9 million FTX users may “create an undue risk of identity theft or unlawful injury to the individual or the individual’s property”.
The FTX collapse has gained the spotlight in the crypto theatre. The exchange faced a liquidity crash in November of 2022 and filed for bankruptcy, only to attract watchdogs to discover the unlawful links between FTX and the affiliated Alameda Research.
Sources:
https://cointelegraph.com/news/ftx-customers-are-safe-from-being-doxxed-for-now
https://watcher.guru/news/ftx-judge-allows-creditor-names-to-remain-sealed-for-the-moment