Bloomberg, Dow Jones, The New York Times, and the Financial Times, have filed new objections to the motion to redact non-US FTX customer identities in the US Bankruptcy Court. The media firms argue that under non-US data privacy laws, there is no legal basis for redacting the names. They cited section 105 of the Bankruptcy Code, which gives judicial power to the court, and argued that no provision allows foreign law to override access to information under US constitutional and statutory law.
The media outlets also noted that the creditors’ names are not confidential commercial information and revealing them would not put them at undue risk. Previously, the media firms had objected to the Official Committee of Unsecured Creditors and FTX withholding customer information. The hearing is scheduled for May 17, and FTX and the committee have until May 4 to submit an objection.