BlockFi creditors seek to keep personal details secret

Bankruptcy • January 11, 2023, 5:52AM EST
the block

Quick Take

  • BlockFi creditors have requested that their personal information remain secret.
  • A U.S. Department of Justice official argued that “disclosure is a basic premise of bankruptcy law.”

Fearing identity theft or becoming the target of hackers, creditors in the BlockFi bankruptcy proceedings have requested that their personal information remain secret.

However, U.S. Department of Justice official Andrew Vara argued that "disclosure is a basic premise of bankruptcy law" and necessary. The issue will be considered at a hearing scheduled for Jan. 17.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

The battle from BlockFi creditors comes after hundreds of thousands of Celsius users had their details published as part of the bankrupt crypto lender's bankruptcy proceedings.


© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Adam is the managing editor for Europe, the Middle East and Africa. He is based in central Europe and was a managing editor and podcast host at the crypto exchange OKX's former research arm, OKX Insights. Before that, he co-founded BeInCrypto.com, which he elevated into one of the leading crypto media brands at its peak as the editor-in-chief. Earlier, he served as the editor-in-chief at Bitcoinist.com. Before joining the blockchain and crypto industry, he worked for Looper.com, Grunge.com and SVG.com. He tweets via @XBT002 and can be emailed at [email protected].

Editor

To contact the editor of this story:
Tim Copeland at
[email protected]

More by Adam James