FTX Says, Releasing Customer List Will Harm its Sale Value

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A member of the FTX restructuring team has argued that the list of 9 million FTX customers holds significant value and could potentially damage the crypto exchange’s marketplace if disclosed. In a recent court hearing on June 8, Kevin Cofsky (a partner at Parella Weinberg investment bank) said, if competitors obtain knowledge regarding FTX’s customers, that would lead to negative consequences on the exchange’s restructuring attempts.