🚩 OrionX: $7M 'lost' and the CMF does not protect you if you use unapproved exchanges

OrionX, the Chilean exchange that shut down operations without prior notice, left its users without access to $7 million. The CMF was clear: they do not have permission. This is not a mistake—it’s a systemic risk in LATAM that you ignore if you keep depositing on opaque sites. Your money on unregulated exchanges is a savings account without deposit insurance. While BCI opens accounts for Buda and regulation moves forward, those who use ā€œzombieā€ platforms are playing Russian roulette. Do you have funds in Chilean exchanges without CMF authorization? Check YOUR situation now.

#OrionX #CMF #RegulacionChile #CrimenCripto

This is not financial advice. Verify before investing.