Chilean crypto exchange Orionx has halted withdrawals and started a gradual shutdown after a forensic audit found that more than $7 million had been moved to wallets outside the company’s control, according to a post by Bitcoin News on X. Orionx has filed a criminal complaint naming founders Joaquín Díaz and Roberto Zibert, and said customer assets were used for external trading between 2018 and 2021. Chile’s Financial Market Commission said the exchange continued operating after its fintech business authorization was denied in July. More than 100,000 users now lack any assurance that their assets will be fully returned.
Chilean cryptocurrency exchange Orionx has suspended withdrawals and started a gradual wind-down after a forensic audit found that more than $7 million had been transferred to wallets beyond the company’s control, according to a post by Bitcoin News on X.
Orionx has filed a criminal complaint naming founders Joaquín Díaz and Roberto Zibert. The exchange said customer assets were used for external trading from 2018 to 2021.
Chile’s Financial Market Commission said Orionx kept operating after its fintech business authorization was denied in July. More than 100,000 users do not have a guarantee that their assets will be repaid in full.
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