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Orionx is shutting down after $7 million in customer assets vanished, crypto.news reports

crypto.news says withdrawals are frozen for more than 100,000 users of the Chilean exchange, which has filed criminal complaints against its two co-founders.

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2 Sources, 25d ago, first seen 25d ago

TLDR

crypto.news reported on September 7 that Chilean exchange Orionx was shutting down after $7 million in customer assets vanished from its wallets. The outlet said withdrawals were frozen for more than 100,000 users and the firm had filed criminal complaints against its two co-founders.

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6.6K

2 Sources, first seen 25d ago

41 likes3 comments2 saves4 reposts

Combined views

6.6K

2 Sources, first seen 25d ago

41 likes3 comments2 saves4 reposts

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2 Sources

@cryptodotnewsJUST IN: Chilean exchange Orionx is shutting down after $7 million in customer assets vanished from its wallets Withdrawals are frozen for more than 100,000 users, and the firm filed criminal complaints against its two co-founders25d
@CryptoSlateOrionx froze withdrawals and is shutting down after an audit found over $7M in customer assets had moved to wallets outside its control. Chile’s regulator cannot force repayment. Orionx must reconcile balances and approve a restitution plan. No repayment date has been disclosed. https://cryptoslate.com/tether-backed-crypto-exchange-freezes-withdrawals-after-7-million-leaves-custody/24d
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    2 Sources

    @cryptodotnewsJUST IN: Chilean exchange Orionx is shutting down after $7 million in customer assets vanished from its wallets Withdrawals are frozen for more than 100,000 users, and the firm filed criminal complaints against its two co-founders25d
    @CryptoSlateOrionx froze withdrawals and is shutting down after an audit found over $7M in customer assets had moved to wallets outside its control. Chile’s regulator cannot force repayment. Orionx must reconcile balances and approve a restitution plan. No repayment date has been disclosed. https://cryptoslate.com/tether-backed-crypto-exchange-freezes-withdrawals-after-7-million-leaves-custody/24d
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