{"id":322722,"date":"2023-05-04T14:45:54","date_gmt":"2023-05-04T13:45:54","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=322722"},"modified":"2023-05-04T17:00:09","modified_gmt":"2023-05-04T16:00:09","slug":"bloomberg-others-ask-court-to-release-ftx-customer-details","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/bloomberg-others-ask-court-to-release-ftx-customer-details\/","title":{"rendered":"Bloomberg, others ask court to release FTX customer details"},"content":{"rendered":"

Four traditional media companies \u2014 <\/span>Bloomberg, Dow Jones, The New York Times, and Financial Times \u2014 have filed objections against redacting information of non-U.S. customers of the bankrupt exchange FTX's.<\/span><\/p>\n

Media firms make their arguments<\/h2>\n

In a May 3 court filing<\/a>, the media houses argued that FTX's effort to establish that the names of its customers constituted confidential commercial information was based on speculations that rival firms might try to lure them away.<\/p>\n

According to the media firms, such conjecture should not overcome the public's presumptive right of access to bankruptcy filings.<\/p>\n

The media houses further argued that FTX failed to demonstrate how releasing its customer information would subject them\u00a0to scams, identity theft, personal attack, and online victimization.<\/p>\n

According to the filing, crypto owners are like everyone else scammers can target. It added:<\/p>\n

“If being targeted by phishing emails and other fraud vectors were enough to justify sealing individuals\u2019 names, then virtually every individual party to a bankruptcy proceeding could litigate anonymously.”<\/p><\/blockquote>\n

To further bolster their point, the news outlets wrote that the release of the bankrupt Celsius customer's information<\/a> did not subject them to the claims raised by FTX.<\/a> Instead, these customers duly informed the appropriate authorities when they received phishing emails and other scam attempts.<\/p>\n

They added that Court records showed that no single Celsius customer named in the litigation had fallen victim to theft \u2014 either of their identities or crypto assets.<\/p>\n

The news services further argued that there was no legal basis to redact the names under foreign laws. They wrote:<\/p>\n

“The law of the United States — constitutional and statutory — guarantees the public a strong presumptive right to inspect bankruptcy filings. That right cannot be abrogated by a party\u2019s assertion of legal obligations under foreign law, including a party\u2019s desire to avoid paying fines to which it might be subject under foreign law.”<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Four traditional media companies \u2014 Bloomberg, Dow Jones, The New York Times, and Financial Times \u2014 have filed objections against redacting information of non-U.S. customers of the bankrupt exchange FTX’s. Media firms make their arguments In a May 3 court filing, the media houses argued that FTX’s effort to establish that the names of its […]<\/p>\n","protected":false},"author":720,"featured_media":322731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77901,77968,60793],"tags":[77137,76833],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"\nBloomberg, others ask court to release FTX customer details<\/title>\n<meta name=\"description\" content=\"The media outlet's argued that there was no legal basis to redact the FTX's customer names pursuant to foreign laws.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/bloomberg-others-ask-court-to-release-ftx-customer-details\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bloomberg, others ask court to release FTX customer details\" \/>\n<meta property=\"og:description\" content=\"The media outlet's argued that there was no legal basis to redact the FTX's customer names pursuant to foreign laws.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/bloomberg-others-ask-court-to-release-ftx-customer-details\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-04T13:45:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-04T16:00:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/ftx-court.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/bloomberg-others-ask-court-to-release-ftx-customer-details\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/bloomberg-others-ask-court-to-release-ftx-customer-details\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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