Cryptocurrency Lending Platform BlockFills Seeks Restructuring After Suspending Withdrawals and Facing Lawsuit

BlockBeats News, March 7th, according to the Financial Times, citing anonymous sources, cryptocurrency trading and lending company BlockFills has “sought restructuring advice from consulting firm BRG.” After suspending withdrawals, BlockFills has appointed BRG’s Mark Renzi as its “Chief Transformation Officer.” The new management of BlockFills hopes to “complete the restructuring, inject new capital, and implement new governance and financial controls.”