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FTX customers seek court order to maintain privacy over crypto transactions

Bankruptcy courts normally require transparency into the affairs of troubled businesses, including their creditors, in return for the protections of Chapter 11

A group of FTX's international customers asked for a court order shielding their names from the public, spotlighting a privacy issue that has divided bankruptcy courts in other crypto-related cases.

Unnamed customers of FTX.com, the failed company's largest exchange platform outside the US, said in court papers on 28 December their interest in keeping their identities and contact information secret trumps the public's interest in an open and transparent bankruptcy process. Public disclosure of customer identities puts them at risk of identity theft and cyber scams, and could diminish whatever value remains in FTX, according to the customer group.

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