🚨 Orionx closes: $7M in assets out of custody
Orionx, backed by Tether, permanently closes after an audit. The review revealed that more than 7 million dollars in customer assets were transferred to wallets outside its custody. The situation is raising concern.
What implications does this have for trust in stablecoins? 👇
$BTC $USDT #CryptoSecurity
Informational content. Does not constitute financial advice.
Orionx, backed by Tether, permanently closes after an audit. The review revealed that more than 7 million dollars in customer assets were transferred to wallets outside its custody. The situation is raising concern.
What implications does this have for trust in stablecoins? 👇
$BTC $USDT #CryptoSecurity
Informational content. Does not constitute financial advice.