Blockfills co-founder and CEO Nicholas Hammer has stepped down
CoinDesk
Blockfills CEO Nicholas Hammer has stepped down following $75 million in losses and a suspension of client deposits and withdrawals.Summary
Nicholas Hammer, co-founder and CEO of crypto lender Blockfills, has stepped down from his leadership role, with Joseph Perry now serving as interim CEO. This change comes after the firm reported losses of approximately $75 million and halted client deposits and withdrawals earlier in February. Blockfills reportedly encouraged some clients to withdraw assets before the suspension. The company, which handled over $60 billion in trading volume in 2025, is seeking a buyer and is backed by investors including Susquehanna Private Equity Investments and CME Ventures. The situation evokes memories of the 2022 crypto winter, with the firm facing liquidity issues amid a struggling market.
(Source：CoinDesk)