[BlockFills Files for Chapter 11 Bankruptcy Protection in Delaware, USA] According to The Block, cryptocurrency trading and lending company BlockFills has filed for Chapter 11 bankruptcy protection in Delaware's bankruptcy court. The company listed estimated assets of $50 million to $100 million and estimated liabilities of $100 million to $500 million in its filing. BlockFills suspended customer deposits and withdrawals in February due to liquidity issues and stakeholder negotiations. Earlier this month, it also faced a temporary asset freeze following a lawsuit filed by Dominion Capital, which accused BlockFills of misappropriating customer assets and refusing to return cryptocurrency assets worth millions of dollars stored on its platform. BlockFills stated that the Chapter 11 process is "the most responsible path" aimed at stabilizing operations, seeking additional liquidity, and exploring potential strategic transactions. The company processed over $61 billion in trading volume in 2025, serving more than 2,000 institutional clients across 95 countries.