TechFlow News: On March 16, according to The Block, Chicago-based cryptocurrency trading and lending firm BlockFills filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware on March 15, 2026, listing estimated assets between $50 million and $100 million and liabilities between $100 million and $500 million.
Earlier, in February, the company suspended customer deposits and withdrawals citing “adverse market and financial conditions” and faced an asset-misappropriation lawsuit filed by Dominion Capital.
BlockFills stated that bankruptcy restructuring represents the “most responsible path forward,” and that it will pursue an orderly reorganization under court supervision while seeking additional liquidity sources and potential strategic transactions, with priority given to protecting customer interests. In 2025, the company’s trading volume exceeded $61 billion, serving over 2,000 institutional clients globally. Its principal investors include Susquehanna Private Equity Investments and the venture capital arm of CME Group.
