Crypto Market Solvency
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BlockFills CEO Exits After $75 Million Loss Freezes Client Withdrawals
Yahoo Finance· 2026-02-25 20:54
Crypto liquidity firm BlockFills suspended withdrawals after $75 million losses and CEO Nicholas Hammer stepped down. Blockfills is a Chicago-based crypto liquidity provider and lender that primarily serves institutional clients such as hedge funds, asset managers, and high-net-worth trading firms.Leadership exits and sale efforts signal financial distress at a major institutional trading firm.Withdrawal freezes raise solvency concerns and counterparty risk across crypto markets.Institutional crypto lender ...