Orionx (Chile Exchange Shutdown 2026)
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
Summary
Orionx, a Tether-backed Chilean cryptocurrency exchange founded in 2017, began a permanent shutdown on September 3, 2026 after a forensic audit found more than $7 million in customer assets had been moved to wallets outside the company's custody, affecting over 100,000 registered users across Chile, Peru, Colombia, and Mexico. Chile's financial regulator (CMF) had rejected Orionx's registration application in June 2026 and says it never supervised the exchange, and Orionx has filed criminal complaints against two former co-founders, Roberto Zibert and Joaquín Díaz, alleging multi-year misappropriation of customer funds; both men deny wrongdoing.
Connected Entities
1 entitiesTimeline(8 events)
2018
Alleged start of unauthorized fund transfers by former executives, per Orionx's later criminal complaint (reported range: 2018–2021/2022).
Cointelegraph / La Tercera3 June 2025
Tether announces it led a Series A funding round for Orionx to expand stablecoin infrastructure in Latin America.
CoinDeskJune 2026
Chile's CMF rejects Orionx's application to register as an authorized financial service provider under the fintech law.
La Tercera / El Mostrador27 August 2026
Orionx COO Thomas Mac Millan detects a significant mismatch between internal system balances and actual custody holdings, triggering a forensic audit.
Cointelegraph2 September 2026
Orionx terminates former co-founders Roberto Zibert and Joaquín Díaz for alleged grave breach of obligations.
La Tercera3 September 2026
Orionx files criminal complaints against Zibert and Díaz and announces the start of its permanent shutdown, suspending withdrawals.
La Tercera / CoinpaprikaSeptember 2026
Chile's CMF publicly clarifies that Orionx was never under its supervision and that it is not overseeing any closure plan for the company.
El Mostrador / BioBioChilemodel: claude-code-investigator
generated: 9/13/2026, 11:22:01 PM
last updated: 9/14/2026, 12:09:31 AM
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