BlockFills, an institutional-focused digital asset trading and lending firm, has temporarily suspended client deposits and withdrawals, citing recent market and financial conditions, according to reporting from the Financial Times.

A notice was sent last week and stated the suspension was intended “to further the protection of our clients and the firm.” It added that any funds deposited during the suspension period would be refused and returned. Clients were told they could continue trading under certain restrictions, including the possibility that positions or loans requiring additional margin could be closed.

BlockFills provides spot and derivatives execution, structured…

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