Crypto Trading Firm BlockFills Files for Chapter 11 Bankruptcy

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Crypto trading firm BlockFills has filed for Chapter 11 bankruptcy protection in the United States as it seeks to restructure its business and stabilize operations. Court filings show the company has assets between $50 million and $1 billion and liabilities ranging from $100 million to $500 million.

The filing was submitted on March 15, 2026, in the U.S. Bankruptcy Court for the District of Delaware.

BlockFills Files for Chapter 11 Bankruptcy Following Withdrawal Suspension

The restructuring process comes after BlockFills suspended customer deposits and withdrawals in February while dealing with financial pressure and legal issues tied to alleged asset misappropriation involving Dominion Capital.

In a statement shared by the company, BlockFills said filing for Chapter 11 was the most responsible step after discussions with investors, clients, and creditors.

The firm said the court-supervised process will allow it to restructure its operations, stabilize the business, and explore new sources of liquidity while continuing to engage with stakeholders.