Susquehanna‑backed BlockFills halts client withdrawals amid market volatility
Institutional crypto platform BlockFills has suspended deposits and withdrawals and reportedly restricted trading as digital-asset prices fall.
BlockFills, a crypto lending and liquidity provider backed by Susquehanna, has temporarily suspended customer deposits and withdrawals, according to multiple reports [1][4][3].
Industry coverage indicates the platform also restricted trading for clients while the pause is in effect; CoinDesk described the move as a halt on withdrawals and trading restrictions [2].
Reports note the decision comes amid sustained volatility and a sharp decline in crypto prices — a market backdrop referenced by the Financial Times and Decrypt — and CoinDesk said the situation has echoes of suspension episodes seen in 2022 [1][4][2].
Sources state the suspension remains in effect for now and the platform described the pause as temporary in initial reports [3][4].
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Citations
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- 1Susquehanna-backed crypto lender BlockFills halts client withdrawalsCryptofinance• Feb 11, 2026
- 2Institutional crypto platform BlockFills reportedly halts withdrawals, restricts tradingCoinDesk• Feb 11, 2026
- 3Following Recent Declines, a Cryptocurrency Platform Suspends Customer WithdrawalsBitcoin Sistemi• Feb 11, 2026
- 4Susquehanna-Backed Crypto Lender BlockFills Suspends Withdrawals as Bitcoin SinksDecrypt• Feb 11, 2026
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