So I just finished King's Fall with a group of friends and when the chest appeared for beating Oryx, all I got was the ghost shell and a couple moldering shards. I also had more than 20 moldering shards in my inventory when we beat Oryx. The game took them, but no extra rewards. Is this normal and I just got incredibly unlucky RNG or is this some kind of bug?
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It's possible to get "skunked" at Oryx for loot drops, just like you could with Atheon and Crota. One of my runs last week had the same loot as yours: 20 smoldering shards turned into a ghost shell, no additional loot from Oryx.