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Over the past year, case law around privacy and data security has been evolving in crypto industry bankruptcies, as courts grapple with familiar issues in a new industry. Debtors, unsecured creditors’ committees and other proponents of greater privacy for creditors of crypto companies argue that greater precautions are required because crypto company creditors are more likely than creditors of other types of companies to be targeted by identity theft and scams.
The fee application by an attorney for a chapter 7 trustee in a small case must state facts to show why the services must have been performed by an attorney, not by the trustee.
