ORIONX JUST HIT THE “FUNDS ARE GONE” BUTTON. 💀

The Chilean crypto exchange Orionx has announced it is shutting down and temporarily suspending withdrawals after an audit found that more than $7M in managed assets had been transferred to wallets outside the company’s control, creating a fund shortfall.

Orionx has accused two founders, Joaquín Díaz and Roberto Zibert, along with several former employees, of being involved in transactions carried out between 2018–2021, and has referred the case to Chilean prosecutors.

Worse still: the CMF regulator said Orionx was not licensed to provide crypto financial services and did not comply with the Fintech Law.
And Orionx also admitted it cannot guarantee that users will recover all of their money.

Not your keys, not your coins.
Apparently… not their keys either. 💀

#Orionx #crypto #bitcoin $BTC