SLX Markets

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SLX Markets

SLX Markets

@SLXMarkets

Sell your bankruptcy claim, the easy way.

NYC Katılım Temmuz 2025
40 Takip Edilen40 Takipçiler
SLX Markets
SLX Markets@SLXMarkets·
Celsius is now in the BlockFills case. White & Case filed appearances today to represent Celsius Network in the Chapter 11 — collecting on that arbitration obligation BlockFills disclosed in its filing. First-day hearing wrapped this afternoon before Judge Horan in Delaware. Interim orders on cash collateral, employee wages, critical vendors, and bank accounts are expected shortly. Crypto eating its own tail. Babel took a piece, AEXA took a piece, and now Celsius is at the table too. Creditors looking to sell their claim can sign up here: slxmarkets.com/bankruptcy/sig… #BlockFills #Celsius #Bankruptcy #Chapter11 #Crypto #ClaimsTrading
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SLX Markets
SLX Markets@SLXMarkets·
BlockFills didn't just go bankrupt, they got dragged there. Dominion Capital says customer crypto was pooled with corporate funds, used to cover losses, pay for mining rigs, and settle debts from Babel Finance and AEXA. The admitted shortfall? $77 million. A federal judge in Manhattan already froze 70.6 BTC and barred asset transfers out of the country. BlockFills owes a full accounting of client funds by tomorrow. Meanwhile, co-founder Nicholas Hammer quietly resigned weeks before the filing. Convenient timing. Top 30 unsecured claims exceed $119M. Biggest creditor: 007 Capital out of Puerto Rico at $17M. This one's going to get messy. #BlockFills #Bankruptcy #Chapter11 #Crypto #ClaimsTrading
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SLX Markets
SLX Markets@SLXMarkets·
BlockFills filed Chapter 11 in Delaware yesterday. $100M–$500M in liabilities, 1,000–5,000 creditors, and $119M+ in top unsecured claims — mostly customer funds. Withdrawals frozen, CEO gone, and a lawsuit alleging commingled assets. Another crypto restructuring hitting the market. #BlockFills #Bankruptcy #Chapter11 #Crypto
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