6 stories tagged #Chapter 11

  1. Bitcoin Depot Crashes 71% After Chapter 11 Filing, Will Liquidate
    crypto

    Bitcoin Depot Crashes 71% After Chapter 11 Filing, Will Liquidate

    The largest US Bitcoin ATM operator files for bankruptcy, citing regulatory pressure and financial strain as the crypto ATM industry faces a bleak outlook.

    2w ago 1 min read
  2. Crypto Firm Goliath Ventures Files for Bankruptcy After CEO Arrest
    crypto

    Crypto Firm Goliath Ventures Files for Bankruptcy After CEO Arrest

    Goliath Ventures CEO Christopher Delgado arrested in connection with $328M Ponzi scheme; firm seeks Chapter 11 protection.

    2mo ago 1 min read
  3. BlockFills Files for Chapter 11 Amid Crypto Liquidity Crisis
    crypto

    BlockFills Files for Chapter 11 Amid Crypto Liquidity Crisis

    Crypto trading firm BlockFills files for Chapter 11 bankruptcy after $75M in loan losses and a $100M-$500M liability gap. Client services halted amid market volatility.

    2mo ago 1 min read
  4. Crypto Firm Blockfills Files for Bankruptcy
    crypto

    Crypto Firm Blockfills Files for Bankruptcy

    Chicago-based crypto trading firm Blockfills has filed for Chapter 11 bankruptcy after $75M in losses and a federal lawsuit over misused client funds.

    2mo ago 1 min read
  5. BlockFills Operator Reliz Ltd. Files Chapter 11 After $77M Shortfall, 70 BTC Frozen
    crypto

    BlockFills Operator Reliz Ltd. Files Chapter 11 After $77M Shortfall, 70 BTC Frozen

    Crypto liquidity provider BlockFills and affiliated entities filed Chapter 11 in Delaware amid frozen client Bitcoin and allegations of commingled assets and a $77 million balance sheet shortfall.

    2mo ago 1 min read
  6. Crypto Lender BlockFills Files for Bankruptcy
    crypto

    Crypto Lender BlockFills Files for Bankruptcy

    BlockFills, a crypto lending platform, has filed for Chapter 11 bankruptcy after suspending deposits and withdrawals amid a severe market downturn.

    2mo ago 1 min read