{"id":76401,"date":"2026-03-16T09:01:32","date_gmt":"2026-03-16T09:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=76401"},"modified":"2026-03-16T09:01:32","modified_gmt":"2026-03-16T09:01:32","slug":"crypto-firm-files-for-chapter-11-bankruptcy-shortly-after-suspending-deposits-and-withdrawals","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=76401","title":{"rendered":"Crypto Firm Files For Chapter 11 Bankruptcy Shortly After Suspending Deposits And Withdrawals"},"content":{"rendered":"<div>\n<p>Cryptocurrency lending platform <strong>BlockFills <\/strong>filed for Chapter 11 bankruptcy protection on Sunday, saying it was to protect its business value and \u201cmaximize recoveries\u201d for stakeholders. <\/p>\n<h2 class=\"wp-block-heading\"><strong>Blockfills Grapples with Massive Liabilities<\/strong><\/h2>\n<p>The bankruptcy filing will enable BlockFills to undergo restructuring, pursue additional sources of liquidity\u00a0and recovery, while maintaining\u00a0transparency and oversight through a court-supervised process.\u00a0<\/p>\n<p>The Chicago-based firm said that the decision follows\u00a0\u201cextensive discussions\u201d with investors, clients,\u00a0creditors, and other stakeholders and is the \u201cmost\u00a0responsible\u00a0path &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/03\/51262294\/crypto-firm-files-for-chapter-11-bankruptcy-shortly-after-suspending-deposits-and-withdrawa?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Crypto\" firm files for chapter bankruptcy shortly after suspending deposits and withdrawals>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency lending platform BlockFills filed for Chapter 11 bankruptcy protection on Sunday, saying it was to protect its business value and \u201cmaximize recoveries\u201d for stakeholders. Blockfills Grapples with Massive Liabilities The bankruptcy filing will enable BlockFills to undergo restructuring, pursue additional sources of liquidity\u00a0and recovery, while maintaining\u00a0transparency and oversight through a court-supervised process.\u00a0 The Chicago-based [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-76401","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/76401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76401"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/76401\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}