FTX Customers' Identities Protected in Bankruptcy Proceedings

FTX has been granted permission to permanently remove individual customer names from all court filings, with the names of companies and institutional investors sealed on a “temporary basis.” The judge ruled that FTX is permitted to “permanently redact” the names of individual customers from all filings for their safety. While companies and institutional investors do not face the same risks as individuals, their names could still hold significant value if FTX were to sell the exchange or customer list separately. Several mainstream media outlets have pushed for access to the list of FTX customers, arguing that the press and public have a “presumptive right of access to bankruptcy filings.”