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

Ohio State Agrees to $2.1 Million Federal Settlement Over Undisclosed China Research Ties

Ohio State University has agreed to pay $2.1 million...

USDA Unveils New Support for Ranchers to Rebuild Cattle Herds

The U.S. Department of Agriculture has unveiled a new...

How Major US Stock Indexes Fared Aug. 31

Oil prices rose and U.S. stocks fell after American...

Trump Unveils New Drug Pricing Deals With 9 Pharmaceutical Companies

President Donald Trump on Aug. 31 announced agreements with...