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Chayanika Deka

BlockFills Freezes Client Transfers, Impacting Around 2,000 Institutional Clients

Crypto lender BlockFills temporarily paused client deposits and withdrawals last week amid market volatility and liquidity pressures. Trading on spot and derivatives markets remains available, while the freeze may affect around 2,000 institutional clients with at least $10 million in crypto assets. Management is working with investors and clients to restore platform liquidity.