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Orionx

avoid.net/orionx→5/100·82% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

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Summary

Orionx was a Chilean cryptocurrency exchange backed by Tether (Series A, June 2025) that operated in Chile, Peru, Colombia, and Mexico. On or around September 3–8, 2026, the exchange began a permanent shutdown after a forensic audit found more than $7 million in customer assets had been moved to wallets outside the company's control, allegedly by two co-founders between 2018 and 2021. Chile's financial regulator, the CMF, had already rejected Orionx's license application in June 2026 and confirmed it has no authority to supervise the wind-down or compel restitution, leaving more than 100,000 registered users dependent on the company's own multi-stage closure process.

Connected Entities

1 entities
Organizations
□Orionx
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    Timeline(10 events)

    1 January 2018

    Alleged start of unauthorized transfers of customer assets to wallets outside Orionx's control, according to criminal complaint filed by Orionx (exact date within 2018 not specified in public reporting; range is 2018–2021).

    CryptoSlate

    31 December 2021

    Alleged end of the period during which unauthorized transfers occurred, per Orionx's criminal complaint. Some reporting suggests the largest group of transfers occurred in 2021–2022.

    CryptoSlate

    1 January 2023

    Bitfinex made a strategic investment in Orionx (exact date in 2023 not confirmed in publicly available English-language sources).

    CryptoSlate

    3 June 2025

    Tether announced it had closed Orionx's Series A funding round to support Latin American expansion of stablecoin-powered financial services.

    CoinDesk

    19 June 2026

    Chile's CMF rejected Orionx's application for enrollment and authorization under the Fintech Law (Oficio Ord. N°104672), citing failure to provide audited financials and required client-protection collateral. Orionx said it would appeal.

    CMF Chile (official)

    27 August 2026

    Orionx COO Thomas Mac Millan reportedly first detected a mismatch between recorded customer balances and actual on-chain holdings.

    CryptoSlate

    2 September 2026

    Orionx filed a criminal complaint with Chile's public prosecutor against co-founders Roberto Zibert (former general manager) and Joaquin Diaz (former head of technology) over alleged unauthorized transfers of customer assets.

    Parameter

    3 September 2026

    Orionx announced it was beginning a permanent shutdown after a forensic audit confirmed a $7 million+ shortfall in customer assets across Bitcoin, Ether, XRP, and Polygon.

    Crypto Briefing

    7 September 2026

    Orionx froze all customer withdrawals, citing the need to treat all account holders equally and prevent early movers from recovering at the expense of remaining users.

    The Coin Republic

    8 September 2026

    CMF issued a public notice reiterating that Orionx and its activities are not supervised by the Commission and that it is not overseeing any wind-down plan.

    CMF Chile (official)
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain8 Wayback Archives

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (1 event). 8 of 14 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 9/11/2026, 12:18:04 PM

    last updated: 9/11/2026, 4:40:57 PM

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