Nicholas Hammer, co-founder and CEO of crypto lending platform Blockfills, has resigned from his leadership role. According to company information, Joseph Perry is currently serving as interim CEO. This management change comes amidst operational pressures for the company. Blockfills previously recorded a loss of approximately $75 million due to deteriorating market conditions and suspended customer deposits and withdrawals on February 11. These services have not yet resumed. Sources indicate that the company advised some customers to withdraw their assets before officially freezing deposits and withdrawals. Blockfills stated that customers can still open and close positions in spot and derivatives trading under certain circumstances, and the company is working with investors and customers to restore platform liquidity. Chicago-based Blockfills has a trading volume exceeding $60 billion by 2025. Affected by the market downturn, the company is reportedly seeking potential acquirers.