Chilean Exchange Orionx Ceases Operations Following $7 Million Asset Shortfall

Chilean cryptocurrency exchange Orionx has suspended operations and halted user withdrawals after a forensic audit revealed a shortfall of over $7 million in custodial assets. The funds were reportedly transferred to wallets outside the company's control. Orionx has filed a criminal complaint with the Chilean Public Prosecutor's Office, accusing co-founders Joaquín Díaz and Roberto Zibert, along with former employees, of involvement in unauthorized transactions occurring between 2018 and 2021. Furthermore, the Financial Market Commission (CMF) of Chile stat