Chilean crypto exchange Orionx has suspended customer withdrawals and begun a definitive wind-down after a forensic audit found more than $7 million in custodied assets had been transferred to wallets outside the company’s control. The company filed a criminal complaint on September 2 against former executives Roberto Zibert and Joaquín Díaz, accusing them of disloyal administration ; both denied the allegations. The audit identified accounting differences of approximately $6.07 million, with discrepancies of $3.93 million in Bitcoin, $2.29 million in Ether, $762,017 in XRP and $201 in Polygon. Chile’s financial regulator CMF rejected Orionx’s registration application on June 19 and lacks authority to compel fund returns, directing customers to file claims directly with Orionx or pursue restitution through Chilean courts. Orionx describes restitution as a five-stage process without guaranteeing full recovery of customer funds.
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