FTX argues that releasing ‘beneficial’ buyer record will hurt its sale worth By Cointelegraph

The record of round 9 million FTX prospects is “terribly beneficial” and will hurt the crypto alternate’s sale worth if launched, a member of the FTX restructuring staff has argued.

In a court docket listening to launched June 8, Kevin Cofsky, a companion on the funding financial institution Parella Weinberg on retainer to FTX, stated that if rivals have been to realize information of FTX’s prospects it “could be detrimental” to the alternate’s restructuring efforts.