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Tether-backed Orionx to shut down after audit flags $7M custody gap

Cointelegraph·September 6, 2026·1 min read
Tether-backed Orionx to shut down after audit flags $7M custody gap

Tether-backed Orionx is permanently closing after an audit found more than $7 million in customer assets had moved to wallets outside its custody. The exchange's shutdown follows the discovery of the custody gap, impacting users and raising concerns about asset security.

Read at Cointelegraph
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