Overview
- Judge Mary Kay Vyskocil issued a temporary restraining order on March 3 that bars transfers of roughly 70.6 BTC tied to Dominion Capital and prohibits moving related assets outside the United States.
- The court directed BlockFills to segregate customer funds, account for Dominion’s holdings, and preserve the assets pending a potential preliminary injunction.
- The TRO was granted without notice, with the judge citing immediate and irreparable injury risks given suspended client access and potential imminent insolvency.
- BlockFills must respond by March 17, when the temporary order could expire unless extended as the litigation advances.
- The case follows the firm’s Feb. 11 halt of deposits and withdrawals and reports of about $75 million in lending losses, leadership changes, and efforts to secure a buyer or emergency financing.