DFX Intelligence
Which companies just had a verified incident, who lends to them and who owns them. Every claim carries its evidence level and its source. How we decide what is confirmed
Global Financial Service Disruptions
BlockFills
fintech · US · North America
Liquidity or solvencyStatus: activeTier 1Severity 3 of 5Evidence confidence: mediumAnalyst-verified
CME-backed institutional crypto liquidity provider and lender BlockFills suspended all client deposits and withdrawals in early Feb 2026, citing extreme volatility. Withdrawals stayed frozen and a later source reports a Chapter 11 filing by the parent.
- First disruption
- Feb 6
- First public signal
- Feb 11 (BlockFills public statement)
- Acknowledged
- Feb 11
- Restored
- not yet
- Duration
- not established
- DFX first recorded
- Nov 5 14:58 UTC
What was restricted
withdrawalsdepositsScope: institution wide
All client deposits and withdrawals suspended; trading continued; frozen through late Feb; parent later filed Chapter 11 per one source.
Financial impact: About 75M USD lending losses (single source, unconfirmed).
Cause, kept in separate layers
- What the institution said
- Recent extreme market volatility and financial conditions
- DFX classification
- Liquidity or solvency (cyber: ruled out)
- Analytical hypothesis (not established)
- Losses in crypto lending book (about 75M USD reported by one outlet) during the Feb 2026 crash.
- Wording used
- recent market and financial conditions
- Conflicting reports
- Suspension start given as 6 Feb or the week before 11 Feb. Legal entity name not verified; institution_type fintech (institutional crypto prime broker and lender). Chapter 11 from one source only.
Evidence
- The Block · 2026-02-11
- The Star (Reuters) · 2026-02-12
- Seeking Alpha · 2026-02
- Chapter11Cases · 2026