- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
A U.S. judge issued a temporary restraining order against BlockFills, freezing 70.6 BTC and other disputed assets
A U.S. federal judge has issued a temporary restraining order against the cryptocurrency lending firm BlockFills, temporarily freezing its disputed assets. Dominion Capital filed a lawsuit on February 27, accusing BlockFills of misappropriating and unlawfully retaining customer crypto assets worth millions of dollars, commingling customer assets, concealing significant losses, and refusing to return funds after suspending withdrawals on the BlockFills platform in February. The frozen amount is 70.6 BTC, and it has prevented BlockFills from transferring assets overseas.
The cryptocurrency lending firm BlockFills has been struggling, reporting a loss of $75 million, and suspended user deposits and withdrawals on February 11. The company, headquartered in Chicago, serves approximately 2,000 institutional clients, with a trading volume reaching $60 billion by 2025, and is currently seeking a buyer.
You may also like
AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition
When Scaling Meets Speed, Ethereum Foundation Introduces "Hardness" to Safeguard the Base Layer
Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1
$100 Billion Factory Purchase: Bezos and Middle Eastern Capital Shift AI Money from Cloud to Shop Floor
Xiaomi and MiniMax both unleash their ultimate moves, signaling the start of the Agent Pricing War.
Predicting markets has taken the spotlight, but the Perp DEX has been quietly waging war on traditional exchanges.
Is the Market Slump Still Making Millions a Day? Is pump.fun's Revenue Real?
Understanding x402 and MPP in One Article: The Two Paths of Agent Payments
Quick Look at the Latest 18 Graduation Projects from Alliance: Who's the Next Pump.fun?
It's not just the prediction market that profits from the Iraq War
The "bank card" of AI has caught the attention of the giants
Morning News | U.S. SEC approves tokenized trading on Nasdaq; Animoca Brands announces investment in AVAX tokens; Algorand Foundation completes strategic integration
$70 trillion wealth transfer, the financial gateway is being rewritten | Interview with Robinhood CEO Vlad Tenev
Whale Opens 20x Oil Short on Hyperliquid With 5.6M USDC at Risk
Key Takeaways A significant leveraged short position on crude oil has been initiated on Hyperliquid using 5.6 million…
Bitcoin: The Ultimate Hedge Against Chaos
Key Takeaways Michael Saylor, co-founder of Strategy, firmly believes Bitcoin is the ultimate hedge against macroeconomic chaos. Strategy…
“Set 10 Major Targets First,” Whale Reopens Long Positions in Bitcoin
Key Takeaways A prominent cryptocurrency whale known as @Jason60704294 has reopened a long position in Bitcoin. The whale…
Analysis: Despite Bitcoin’s Price Dip, Bullish Trends Persist
Key Takeaways Despite Bitcoin’s decline below $71,000, its bullish momentum remains strong, with significant buying activity from ETFs…
DeFi Protocol Neutrl Faces Potential Security Breach
Key Takeaways The DeFi protocol Neutrl has reported a suspected attack on its front-end interface, urging users to…
App