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Orionx Suspends Withdrawals and Operations Following $7 Million Asset Transfer Allegations

The Defiant ·

Chilean exchange Orionx has halted withdrawals and is winding down operations amid reports of $7 million in unauthorized asset transfers. The Chilean financial regulator stated it lacks oversight authority regarding the exchange's closure and cannot mandate customer repayments.

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Summaries are written by AI from the original article. Not investment advice.

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