Crypto

BlockFills Entities File Bankruptcy After Withdrawals Halted, Court Froze Bitcoin

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In brief

  • BlockFills entities have filed for Chapter 11 bankruptcy after suspending client withdrawals, following an asset freeze for 70 BTC earlier this month.
  • A lawsuit filed by its creditor, Dominion Capital, alleges BlockFills commingled assets and had a $77 million shortfall.
  • The case raises…

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