The four news publications stressed in the FTX court filing that the “news media acts as the eyes and ears of the public.”
New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors' Names Unsealed
The so-called “media intervenors” cite a specific rule that permits “any interested entity” to intervene in a bankruptcy matter and “with respect to any specified matter.” The publications also says that the courts have “routinely recognized the right of the media” to “intervene” or “challenge sealing orders.” The filing adds:
Despite the debtor’s objections to keep the customer list in strict confidence, and the reasoning that says the dissemination of the debtors’ customer list could cause harm to the clients, the “media intervenors” call these arguments “vague statements” that “do not appear to satisfy the evidentiary burden.” Bloomberg, FT, NYT, and the Dow media firms insist that “redacting the names of creditors is inappropriate.
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