Tether-backed Orionx closes over $7m custody gap
Chilean crypto exchange Orionx began permanently closing its operations on Sept. 3 after a forensic audit identified a custody shortfall exceeding $7 million. Summary Orionx began permanently
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Chilean crypto exchange Orionx began permanently closing its operations on Sept. 3 after a forensic audit identified a custody shortfall exceeding $7 million. Summary Orionx began permanently

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Orionx, a Chilean cryptocurrency exchange backed by Tether, is shutting down after discovering a custodial shortfall that Orionx says is tied to assets leaving wallets the exchange did not ma

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Orionx, a Chile-based cryptocurrency exchange backed by Tether, is shutting down after a forensic review flagged a multimillion-dollar custody discrepancy, according to statements shared by t
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Orionx, a Chilean crypto exchange backed by USDt stablecoin issuer Tether, is shutting down after uncovering a multimillion-dollar issue linked to asset custody. The exchange said it began a