Mr&强: Orionx Exchange Faces Liquidation Crisis
According to Twitter user Mr&强, the Chilean trading platform Orionx is facing a liquidation crisis after an audit revealed that over $7 million of customer assets were transferred to unmanageable wallets, leading the platform to suspend withdrawals and prepare for closure. Despite backing from Tether, concerns about asset safety remain, as discrepancies between the exchange's reported and actual wallet assets have become a key issue of trust.
-- Price
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