Crypto
Crypto lender BlockFills seeks restructuring after halting withdrawals
Crypto trading and lending firm BlockFills has asked consulting firm BRG for restructuring advice, The Block reported on March 6, citing the Financial Times. BlockFills temporarily halted customer deposits and withdrawals last month, citing \"recent market and financial conditions\". It also faces a lawsuit from client Dominion Capital, which alleges improper use of customer funds. The company has appointed BRG\'s Mark Renzi as chief innovation officer and plans to bring in new capital while strengthening governance and financial controls.
