BlockFills CEO announces resignation, company suspends deposits and withdrawals and seeks sale

By: rootdata|2026/02/28 18:43:32

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The co-founder and CEO of digital asset technology and trading company BlockFills, Nicholas Hammer, has stepped down. The company's website now lists Joseph Perry as the interim CEO, and a company spokesperson confirmed that Hammer served as CEO until July 2025.

Blockfills announced on February 11 that it had suspended customer deposits and withdrawals due to recent market volatility that resulted in approximately $75 million in losses. According to informed sources, the platform had urged some customers to withdraw their assets in advance before the freeze, and deposits remain suspended. Reports indicate that the company is also seeking potential buyers, with investors including Susquehanna Private Equity Investments, CME Ventures, and Simplex Ventures.

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