FTX lawyers oppose Bahamian liquidators' access to internal data, citing concerns over asset withdrawal

ChainCatcher news, according to a Reuters report, FTX bankruptcy lawyers oppose the Bahamas liquidators' request for access to internal data, stating that they do not trust the Bahamian government because the data could be used to siphon assets from the bankrupt company, "the Bahamian government had previously obtained information from the FTX Digital Market liquidators and used it to extract digital assets from FTX."

FTX lawyers are asking the judge to deny the request, arguing that the Bahamian regulators had collaborated with SBF to undermine the U.S. bankruptcy process and withdraw assets, harming the interests of some creditors. Foresight News previously reported that Bahamian lawyers submitted an emergency motion to a U.S. Delaware bankruptcy judge requesting access to FTX's customer database, including wallet addresses, customer balances, deposit and withdrawal records, transaction and accounting data, and other personal information to assist in their ongoing investigation. (source link)