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U.S. Bankruptcy Judge Approves FTX’s Request for Customer Anonymity

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ftxspot

In a recent ruling, U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware, has granted FTX, a leading cryptocurrency exchange, the authority to permanently redact the names of individual customers from its bankruptcy filings.

Security

Additionally, Judge Dorsey has authorized FTX to temporarily remove the names of companies and institutional investors from its customer lists. This decision aims to protect the privacy and security of FTX’s customers during the bankruptcy proceedings. The ruling was reported by Reuters.

By permanently redacting the names of individual customers, FTX prevents their identities from being publicly disclosed. This measure not only protects customer privacy but also helps mitigate the risk of targeted attacks or scams. Furthermore, the temporary removal of company and institutional investor names from customer lists adds an extra layer of protection during the bankruptcy proceedings.