Current posture

What matters now

Reliz Technology Group Holdings is in a Chapter 11 restructuring that remains procedurally active: the debtors filed a joint plan, but the Court later extended their exclusive plan-filing and solicitation periods through October 11, 2026 and February 9, 2027, respectively. Order extending exclusivity Dkt. 543 The BlockFills digital-asset brokerage and its affiliates commenced their Delaware cases on March 15, 2026 after counterparty losses, a late-2024 Nexo settlement payment, an adverse Celsius arbitration award, unsuccessful financing and sale efforts, a February 2026 suspension of deposits and withdrawals, and customer litigation that produced operational restraints, according to the first-day declaration Dkt. 3. The debtor schedules identify approximately $4.85 million in funded debt to Celsius under disputed secured notes; the dispute later became central to the case, with the creditors’ committee challenging Celsius’s asserted liens and aspects of its claim. Committee cash-collateral objection Dkt. 241 Early operations were funded through court-authorized use of cash collateral, backed by replacement liens and a section 507(b) superpriority claim while preserving challenges to the prepetition secured position. Second interim cash-collateral order Dkt. 119 The plan filed in…

Updated Aug 11, 2026