Orionx Exchange Permanent Closure Over $7M Custody Shortfall
Orionx began closing on 3 September 2026 after a forensic audit found more than $7 million in customer assets moved outside custody; co-founders deny wrongdoing.
Orionx, a Chilean cryptocurrency exchange, began permanent closure on 3 September 2026 after a forensic audit identified more than $7 million in customer assets moved to wallets outside the exchange's custody.
Company action and response
The company filed a criminal complaint against two co-founders. The co-founders deny any wrongdoing.
Open questions
Total assets under management and the number of affected users remain unstated. Recovery prospects and any insurance coverage are unknown.