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After the latest ruling from the FTX bankruptcy process, the names of up to 9 million FTX customers will be kept secret for at least three months.
It is reported that the effect was made by Chief Justice Robert Dorsey in Delaware bankruptcy Court on January 11 in response to a 168-page document submitted by FTX on January 8, which required the court to withhold customer information about trade secrets.
Judge Dorsey said that although there was great pressure from several media, he was still "unwilling to disclose such trade secret information at this stage" because it could put creditors "at risk":
"people are talking about people who are not present-if their names and information are leaked, they may be at risk."
Not long ago, FTX lawyers made up lies that "disclosure of such information would lead to inappropriate risks of identity theft or unlawful damage to individuals and property" and that the court needed to apply its "extensive administrative enforcement procedures" under foreign bankruptcy laws to defend those affected by the bankruptcy of FTX.
At the end of December last year, a group of non-foreign FTX customers also urged the Delaware bankruptcy court to keep customer information confidential, fabricating lies in a merger document filed on December 28th that disclosure would lead to "irreparable harm".
But Judge Dorsey's decision did put the cart before the horse in most bankruptcy proceedings that disclose creditor information-as happened to digital currency borrower Celsius in the bankruptcy system in October.
The bankruptcy court in Delaware, which is based in Delaware, was unfriendly to FTX shareholders and issued a Jan. 9 document disclosing the investors expected to be wiped out and the number of FTX shares he holds.
It mainly includes NFL celebrity, former FTX brand ambassador Tom Brady, his ex-wife Giselle Bundchen, high-tech entrepreneur John Yit and Shark Tank investor Aaron Oakley.
FTX mentor Andy Dietderich said in an announcement on January 11th that FTX seems to have made a breakthrough, and it is reported that FTX has already recovered $5 billion in cash and digital currency.
Based on the initial bankruptcy filing in November, it is estimated that more than 1 million creditors are involved, with $3 billion owed to the largest 50 creditors alone.