Crypto Lender BlockFills Enters Chapter 11 with Up to $500M in Liabilities

Crypto lending and trading company BlockFills has filed for Chapter 11 bankruptcy protection following cash flow problems that led to customers being unable to withdraw their money. The firm, which processed tens of billions of dollars in trades last year, will now be placed under court supervision as it tries to restructure its debts and stabilize operations. Bankruptcy Filing Comes After Withdrawals Were Frozen On …