# Tether-backed crypto exchange freezes withdrawals after more than $7 million leaves custody

https://mins.news/en/item/48947

- CryptoSlate, 2026-09-08 00:20 UTC
- Economy
- Original: https://cryptoslate.com/tether-backed-crypto-exchange-freezes-withdrawals-after-7-million-leaves-custody/

> Chilean crypto exchange Orionx is shutting down and has frozen withdrawals after an audit found customer assets transferred to wallets outside its control. It notified prosecutors and filed a criminal complaint against former executives, but the recoverable amount and repayment date remain unknown. Chile’s financial regulator says it cannot compel restitution.

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