A US judge issued a temporary restraining order against BlockFills, freezing 70.6 BTC and other disputed assets.

PANews reported on March 6th that, according to CoinDesk, the U.S. District Court for the Southern District of New York issued a temporary restraining order against cryptocurrency lending platform BlockFills, freezing 70.6 bitcoins involved in its dispute with Dominion Capital and prohibiting the company from transferring assets overseas. Dominion Capital filed a lawsuit on February 27th, accusing BlockFills of misappropriating clients' cryptocurrency assets, mixing client funds, concealing substantial losses, and refusing to return assets after suspending withdrawals in February. The court deemed the case a risk of "direct and irreparable harm" and therefore issued the restraining order without notice, requiring BlockFills to respond by March 17th. BlockFills, which suffered losses of approximately $75 million due to the recent market downturn, suspended client deposits and withdrawals on February 11th and is seeking a buyer or emergency funding. Its co-founder and CEO has resigned.