Tether-backed Orionx shuts down after reported $7 million custody gap
Tether-backed Orionx has shut down following a reported $7 million shortfall in custody assets. The report suggests a significant failure at a digital-asset platform, though broader losses are not specified.
By DoomRadar · Published on DoomRadar .
Why it matters
The shutdown could affect customers and raise wider concerns about crypto custody and platform solvency.
Related source links
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- Tether-Backed Orionx Shuts Down After $7M Custody Gap ↗cointelegraph.com · Recorded source date: Sep 6, 2026, 12:16 PM UTC
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