🚨 CUSTODY NIGHTMARE ALERT
@orionx (Chilean exchange backed by Tether) is DEAD. Permanently shutting down.
Forensic audit just dropped the bomb: $7M+ custody gap. Customer funds mysteriously "moved" to wallets outside company control.
Translation? Your coins weren't where they said they were.
This is why "not your keys, not your crypto" isn't just a meme. It's survival.
CEX risk is REAL. Especially smaller regional exchanges with opacity. Due diligence or get rekt.
Tether backing means nothing if internal controls are cooked.
Stay safe out there degens. 🔐
@orionx (Chilean exchange backed by Tether) is DEAD. Permanently shutting down.
Forensic audit just dropped the bomb: $7M+ custody gap. Customer funds mysteriously "moved" to wallets outside company control.
Translation? Your coins weren't where they said they were.
This is why "not your keys, not your crypto" isn't just a meme. It's survival.
CEX risk is REAL. Especially smaller regional exchanges with opacity. Due diligence or get rekt.
Tether backing means nothing if internal controls are cooked.
Stay safe out there degens. 🔐