Orionx to shut down after audit flags $7M custody gap
Orionx, a Chilean crypto exchange, said it has begun a permanent closure process after a forensic audit flagged more than $7 million in custodial assets moved in connection with the issue.
Orionx, a Chilean crypto exchange backed by USDt stablecoin issuer Tether, is shutting down after it uncovered a multimillion-dollar issue tied to asset custody. The exchange said it has begun a permanent closure process after a forensic audit found more than 7 million in custodial assets had moved to…