BlockFills
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BlockFills halts withdrawals amid crypto market slump
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Institutional crypto platform BlockFills has temporarily suspended client deposits and withdrawals due to recent market conditions. The Chicago-based firm, which handled $60 billion in trading volume in 2025, allows limited trading to continue. The move echoes restrictions seen during the 2022 crypto winter.
Chicago-based crypto lender BlockFills has suspended client deposits and withdrawals following approximately $75 million in losses from its lending operations. CEO Nicholas Hammer stepped down in February 2026, with Joseph Perry appointed as interim CEO. The firm is now seeking a buyer amid a liquidity crisis.