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🚨 BlockFills Entities File for Bankruptcy After Court Freezes Assets

BlockFills and related entities have filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York. The filing follows a court order freezing $1.5 million in Bitcoin after the company halted client withdrawals earlier this month. According to Decrypt, the company faces a lawsuit alleging it commingled client crypto assets and refused to return funds.

🚨 BlockFills Entities File for Bankruptcy After Court Freezes Assets

BlockFills and related entities have filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York. The filing follows a court order freezing $1.5 million in Bitcoin after the company halted client withdrawals earlier this month. According to Decrypt, the company faces a lawsuit alleging it commingled client crypto assets and refused to return funds.