- Media houses are seeking to DOXX real names and addresses of over 1 Million FTX customers.
- These Media houses include NYT, Bloomberg, and WSJ.
- Crypto fanatics claim that this is a significant infringement of privacy in any manner.
The NYT, Bloomberg, and WSJ want to DOXX each and every FTX user. To this end, they have submitted a motion to intervene. This is in an attempt to prevent the redacting of the identities of more than one million FTX customers.
Notably, neither NYT nor WSJ are creditors, debtors, or otherwise participating in the proceedings. However, they have submitted a request to prevent the redaction of FTX consumers’ personal information.
The identities, addresses, and assets of each and every FTX user may be publicly accessible online if this motion is approved. Now that they have already lost money to FTX, they may become a target for scammers and fraudsters.
Crypto fanatics claim that this is a significant infringement of privacy in any manner. This is not the case, however, for the media outlets who made every effort to hide SBF’s misdeeds. They are attempting to further hurt the same clients that SBF stole dry now that that has been done.
However, they continue to assert that addresses should not normally be redacted “without proof of a substantial danger to the safety of the creditors.” According to the crypto community on Reddit, individuals might be seriously threatened even with mere names and account balances.
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The current FTX administrators however claim that placing the Indemnification and Exculpation Motion under seal is of the utmost importance. This is to preserve the confidentiality of the Debtors’ sensitive commercial and financial information.
They add that the disclosure of this could put a significant amount of the Debtors’ assets at further risk of cyber-attacks or other malicious activity.
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