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According to PANews news on June 13, the official committee of FTX unsecured creditors tweeted that from June 8th to 9th, the bankruptcy court held hearings on two matters in the FTX bankruptcy case, namely the Bahamas proceedings and the client’s Information preservation motion. On June 9, the court rejected a motion by the Bahamas Joint Provisional Liquidators (JPLs) to lift the automatic freezing order. In its judgment, the court emphasized that the most important considerations were to maximize the recovery of funds and return funds to creditors and customers. The court also directed the parties to mediate on issues raised by the joint liquidators. The FTX creditor committee will participate in the mediation and safeguard the interests of creditors and customers. The bankruptcy court also granted a joint motion by the debtor and creditor committees to seal client data. In remaining bankruptcy cases, the names, email addresses, and physical addresses of natural person customers will be permanently deleted. This will protect customers from potential harm from scams and other threats. Business customer names, email addresses and addresses will be deleted within 90 days, with possible extensions.

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