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

Tether -backed Orionx is shutting down with customer withdrawals frozen after more than $7 million left its custody. The Chilean crypto exchange said a forensic audit found that customer assets had been transferred to wallets outside its control, prompting it to begin a permanent closure and...
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The Defiant broke the news on Monday, September 7, 2026.
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