Crypto Trading Firm BlockFills Files for Bankruptcy Following Liquidity Crunch

Date:

Representations of cryptocurrency bitcoin are seen in this illustration created in Paris, France, on March 9, 2024. Benoit Tessier/Illustration/ReutersIllinois-based crypto trading company BlockFills has filed for bankruptcy after facing liquidity challenges following the crypto market crash in early February, the company said in a March 15 statement.“On March 15, 2026, certain BlockFills-related entities filed a voluntary petition to restructure under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware,” the company said. BlockFills offered spot and derivatives trading in digital assets and provided cryptocurrency borrowing and lending services.

spot_imgspot_imgspot_img

Share post:

More like this
Related

The $25 Carry-On: Why Jetstar Is Putting a Price on Your Luggage?

Jetstar is set to charge passengers at least $25.00...

Supreme Court Freezes Lower Court Action in App Store Lawsuit

The U.S. Supreme Court late on Aug. 12 temporarily...

Babylon Bee Sues New Mexico Over Restrictions on AI Satirical Posts

(L-R) Timothy Head, executive director of the Faith &...

11 Charged in Immigration Scheme Involving Over 1,000 Sham Marriages

The Department of Justice (DOJ) has charged 11 people...