Enforcement Actions

Orionx, a Chilean cryptocurrency exchange founded in 2017 and backed by Tether, is permanently shutting down after a forensic audit discovered more than $7 million in customer assets had been moved to wallets outside its control. The exchange's chief operating officer, Thomas Mac Millan, flagged the

On September 2, Orionx, a Chilean cryptocurrency exchange backed by Tether, shut down permanently after a forensic audit discovered over US$7 million in customer assets had moved to wallets outside its control. The exchange filed a criminal complaint against former co-founders Roberto Zibert and

Sberbank Deputy Chairman of the Management Board Stanislav Kuznetsov called cryptocurrencies an important means for fraudsters to cash out stolen funds at the Eastern Economic Forum in Vladivostok. The senior executive of Russia’s largest state-owned bank expressed satisfaction with the success of Russian authorities in combating the conversion of cryptocurrencies into cash. According to Kuznetsov, cryptocurrency exchange channels need to be targeted “systematically and ruthlessly.” Kuznetsov sp

Chilean crypto exchange Orionx announced on X on September 4 that it had initiated a permanent shutdown process. The trigger was a legal audit that uncovered more than $7 million in customer Assets. Orionx filed a criminal complaint with Chilean prosecutors on September 3. Tether exclusively led Orionx’s Series A in June 2025, approximately 15 months before the collapse. Orionx Collapse Timeline According to the contents of Orionx’s criminal complaint, as cited by Chilean newspaper La Tercera, t

According to Finance Feeds, Orionx, a Chilean crypto exchange backed by Tether, has begun permanent shutdown after a forensic audit identified more than $7 million in customer assets that had allegedly moved outside the company's control. The exchange filed a criminal complaint against former co-fo

XRP traded near $1.40 following another delay of the CLARITY Act's planned Sept. 15 procedural vote, showing minimal reaction despite ongoing regulatory uncertainty across the broader crypto market. The muted response

Orionx, a Chilean crypto trading exchange backed by Tether, announced on Sep. 3 that it is shutting down after an audit discovered a gap in client assets worth $7 million. A forensic audit confirmed a transfer of assets worth more than $7 million held in custody to wallets not administered by the co

According to The Street, Chilean crypto exchange Orionx announced on Sep. 3 that it is shutting down after a forensic audit discovered approximately $7 million in client assets transferred to wallets not administered by the company. The Tether-backed exchange filed criminal complaints against

According to ChainCatcher, Ukrainian law enforcement and the Security Service of Ukraine (SBU) recently dismantled a cryptocurrency fraud network that stole up to $1 million monthly. The scheme used fake investment platforms to deceive users into approving transactions, then deployed hidden wallet s

Jonathan Meléndez, a musician with Mexican rock band Camilo Séptimo, was murdered alongside his family on September 1 in their Atizapán apartment in an attack linked to his $1.5 million Bitcoin wallet. The victims included Meléndez's 4-month-pregnant wife, their 3-year-old daughter, and their

According to official reports from the Mexican State Prosecutor's Office, Jonathan Meléndez of the rock band Camilo Séptimo and his family were killed on September 1 in their apartment in Atizapán over his $1.5 million Bitcoin hardware wallet. Four people died in the attack: Meléndez, his pregnant w

According to @WuBlockchain on Twitter, Chilean crypto exchange Orionx, backed by Tether, has permanently shut down following a forensic audit that revealed over $7 million in customer assets were transferred to unauthorized wallets. Withdrawals have been suspended as the platform filed criminal

Orionx, a Chile-based cryptocurrency exchange founded in 2017 with over 100,000 registered users, halted withdrawals and is shutting down operations after a forensic audit revealed a $7 million financial shortfall. The audit detected transactions moving funds to wallets outside the company's

According to ChainCatcher, Chile-based crypto exchange Orionx announced it has halted operations and suspended user withdrawals following a forensic audit that uncovered over $7 million in custodial assets transferred to wallets outside company control. Orionx has accused two co-founders, Joaquín

According to ChainCatcher, the FBI seized over $560,000 in cryptocurrency on March 25, June 25, and October 10 following court-authorized operations against Hamas fundraising infrastructure. The agency took control of domains and servers used by the group to solicit donations and recruit