Crypto lender BlockFills has filed for Chapter 11 bankruptcy, citing estimated assets between $50 million and $100 million, and liabilities ranging from $100 million to $500 million. According to NS3.AI, Reliz Ltd., the company behind BlockFills, submitted the bankruptcy petition in Delaware, along with three other affiliated entities. This move follows BlockFills’ decision to temporarily halt client deposits and withdrawals in February due to liquidity challenges.
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