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Stock impact report

BlockFills Entities File Bankruptcy After Withdrawals Halted, Court Froze Bitcoin [Yahoo! Finance]

Dominion Energy, Inc. (D) 
Last dominion energy, inc. earnings: 2/11 07:30 am Check Earnings Report
US:NYSE Investor Relations: dominionenergy.com/investors
Company Research Source: Yahoo! Finance
Crypto trading and liquidity provider BlockFills confirmed Sunday that its operator, Reliz Ltd., has filed for Chapter 11 bankruptcy in Delaware alongside three affiliated entities. BlockFills said the Chapter 11 process will allow the business to pursue a restructuring while working with clients, creditors, and investors to stabilize operations and explore additional sources of liquidity. The company's announcement follows a February lawsuit from creditor Dominion Capital that prompted a federal judge in New York to freeze Bitcoin tied to a client dispute and order the firm to account for and segregate customer funds. Dominion Capital alleged that BlockFills misappropriated and commingled customer crypto assets, concealed losses, and refused to return funds after suspending withdrawals. BlockFills allegedly admitted during calls with clients in early February this year that customer assets were pooled with company funds on a single balance sheet. The firm also purportedly to Show less Read more
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