Orionx halts withdrawals after $7M vanishes
Chile's regulator can't compel repayment because Orionx never received authorization, leaving customers chasing a five-stage wind-down with no backstop.
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Chile's regulator can't compel repayment because Orionx never received authorization, leaving customers chasing a five-stage wind-down with no backstop.
The closure marks a rare failure for a Tether-affiliated exchange, raising questions about custody oversight at regional venues operating under the stablecoin giant's backing.