Orionx loses $7M and the CMF says: No permission, no protection! 🚨
The Chilean platform Orionx was left without $7 million, and the CMF confirmed it was operating without authorization. Meanwhile, Bitcoin is up to $79,848 (+0.4%) and the Fear & Greed index marks 73, signaling that risk appetite remains high. This fiasco shows that Chile is still a crypto wild west, where the lack of regulation protects users less than a safe. Do you think the CMF should intervene now, or is it already too late to avoid more catastrophes? #Bitcoin #Crypto #BinanceSquare #CryptoChile
The Chilean platform Orionx was left without $7 million, and the CMF confirmed it was operating without authorization. Meanwhile, Bitcoin is up to $79,848 (+0.4%) and the Fear & Greed index marks 73, signaling that risk appetite remains high. This fiasco shows that Chile is still a crypto wild west, where the lack of regulation protects users less than a safe. Do you think the CMF should intervene now, or is it already too late to avoid more catastrophes? #Bitcoin #Crypto #BinanceSquare #CryptoChile
