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Orionx shuts down after audit reveals $7M custody gap

Crypto Briefing·September 6, 2026·1 min read
Orionx shuts down after audit reveals $7M custody gap

Chilean crypto exchange Orionx shut down after an audit revealed a $7 million custody gap. The closure highlights the critical need for stringent regulatory oversight and robust internal controls in the crypto industry, underscoring risks for users and the importance of transparency.

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