FTX Customers' Identities Protected in Bankruptcy Proceedings

1 min read
Source: Fox Business
FTX Customers' Identities Protected in Bankruptcy Proceedings
Photo: Fox Business
TL;DR Summary

A bankruptcy judge in Delaware ruled that the names of customers who used the collapsed cryptocurrency FTX Exchange can remain secret permanently, as they are considered a "trade secret" and revealing them could lead to personal information theft by scammers. The judge also ruled that the names of creditors or equity holders from the U.K. and European Union can be released. FTX filed for bankruptcy in November, and its founder Sam Bankman-Fried has been accused of misleading investors and stealing billions of dollars in customer funds.

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