Chicago-based crypto trading firm BlockFills files Chapter 11 bankruptcy; Blackhawks among the creditors
By Robert Channick
Published on March 17, 2026.
Chicago-based trading firm BlockFills has filed for Chapter 11 bankruptcy protection in a Delaware court. The company, which suspended customer withdrawals on February 6 due to liquidity issues, was more than $100 million in debt and had been unable to find a buyer or an investor to help recapitalize the company. The Chicago Blackhawks are among the largest unsecured creditors. Despite some missteps, BlockFilled had a "record year" for business in 2024 and was looking to expand operations under the incoming Trump administration. The firm reported $61 billion in trading volume last year, a 28% increase, but struggled to raise additional capital to support its growth plans. The cryptocurrency industry has lost $2 trillion in valuation during the so-called crypto winter.
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