BlockFills Enters Chapter 11 to Restructure Amid Liquidity Crunch
TL;DR Summary
BlockFills, operated by Reliz Ltd., filed for Chapter 11 in Delaware to restructure amid liquidity stress, reporting assets of $50–$100 million and liabilities of $100–$500 million. The firm says the filing will enable an orderly restructuring, maintain client protections, and pursue additional liquidity while addressing a Dominion Capital-related lawsuit that resulted in a temporary restraining order.
- Crypto lender BlockFills files for Chapter 11 bankruptcy after weeks of turmoil The Block
- Crypto trading firm BlockFills files for bankruptcy CoinDesk
- BlockFills Files for Chapter 11 After Allegations of Commingled Client Assets unchainedcrypto.com
- From $61B Volume to Chapter 11: BlockFills Falls Amid Ongoing Crypto Downturn Disruption Banking
- Crypto Firm BlockFills Files for Bankruptcy After Suspending Transactions PYMNTS.com
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