FTX Users Request Court To Redact Private Information From Bankruptcy Filings

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Sam Bankman-Fried, Ex-CEO of FTX; Photo Source: Jeenah Moon/Bloomberg
The court filing stated, “Requiring the Debtors to disclose the FTX.com customers’ names and other identifying information to the general public would cause irreparable harm, further victimizing the FTX.com customers whose assets were misappropriated.”

Clients of FTX International have requested the court to withhold their identities and private information from court documents.

In the court filing, the Ad-Hoc Committee of FTX argued that the repercussions of revealing the personal details of FTX’s users “could be dire.” The Committee noted the public disclosure of clients’ details will expose them to identity theft and other scams. 

According to the Committee, the private information of FTX’s users is an “integral and valuable component” that, if sold, could diminish the value of FTX’s holdings.

The court document also referenced the recent hack that drained over $600M from FTX’s wallets. The Committee said merely revealing the names of FTX’s clients will expose them to hackers, adding,

“It is not difficult to imagine how a hacker or a dark web crypto miner could leverage a name for sinister purposes.”



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Furthermore, it claimed that the private information of FTX’s non-US clients may be protected by GDPR or other nations' privacy laws. The Ad-Hoc Committee also noted that FTX’s Privacy Policy does not authorize the firm to reveal clients’ details to the general public.

FTX’s clients made this request a few weeks after Celsius disclosed over 14,000 pages containing the personal details of its users as part of its ongoing bankruptcy process.

Written by
Ayush Pande
The court filing stated, “Requiring the Debtors to disclose the FTX.com customers’ names and other identifying information to the general public would cause irreparable harm, further victimizing the FTX.com customers whose assets were misappropriated.”

Clients of FTX International have requested the court to withhold their identities and private information from court documents.

In the court filing, the Ad-Hoc Committee of FTX argued that the repercussions of revealing the personal details of FTX’s users “could be dire.” The Committee noted the public disclosure of clients’ details will expose them to identity theft and other scams. 

According to the Committee, the private information of FTX’s users is an “integral and valuable component” that, if sold, could diminish the value of FTX’s holdings.

The court document also referenced the recent hack that drained over $600M from FTX’s wallets. The Committee said merely revealing the names of FTX’s clients will expose them to hackers, adding,

“It is not difficult to imagine how a hacker or a dark web crypto miner could leverage a name for sinister purposes.”



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


Furthermore, it claimed that the private information of FTX’s non-US clients may be protected by GDPR or other nations' privacy laws. The Ad-Hoc Committee also noted that FTX’s Privacy Policy does not authorize the firm to reveal clients’ details to the general public.

FTX’s clients made this request a few weeks after Celsius disclosed over 14,000 pages containing the personal details of its users as part of its ongoing bankruptcy process.

Written by
Ayush Pande