Poolin Technology PTE. LTD. and its affiliates Lonestar Taproot LLC and Lonestar Dream, Inc. filed Chapter 11 petitions on July 22, 2026, in the U.S. Bankruptcy Court for the District of New Jersey. The three cases are jointly administered before Judge Eamonn J. O’Hagan. Estimated liabilities range from $100 million to $500 million while assets total between $1 million and $10 million, with approximately 10,001 to 25,000 creditors. A Section 341 creditors meeting is scheduled for August 28, 2026, and a sale hearing follows on September 18. Bidding procedures were approved on August 17, qualified bids are due September 8, and an auction is set for September 10 if competing offers arrive. The filing also discloses that in 2022 the company suspended withdrawals from its wallet platform after liquidity issues and issued six IOU tokens representing user balances in BTC, ETH, USDT, LTC, ZEC and DOGE.