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Glori Finance

avoid.net/glori-finance2/100·100% conf.
anchored·519iUf…MXfP

Summary

Glori Finance was an alleged DeFi lending protocol deployed on the Arbitrum network in early 2024, operating as a Compound V2 fork with approximately $1.4 million in total value locked (TVL) at the time of its exposure. On April 14, 2024, blockchain investigator ZachXBT identified that the top GLORI token holders had seeded liquidity using funds stolen from prior scams — specifically the Crolend, Hash DAO, and HellHoundFi frauds — linking Glori Finance to a serial scam ring responsible for over $20 million in cumulative losses. Following ZachXBT's public disclosure, the Glori Finance X account was deactivated and the protocol's website went offline, consistent with an exit scam.

Connected Entities

1 entities
Protocols
Glori Finance
Relationships
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    Timeline(6 events)

    2022-01-01

    Solfire exit scam ($4.8 million) — alleged earliest confirmed operation by the same scam group

    2023-03-01

    Kokomo Finance exit scam ($4–5.5 million) — alleged second major operation by the same group

    2023-08-01

    Magnate Finance exit scam ($6.5 million) — alleged operation by same group

    2024-01-01

    Crolend, Hash DAO, and HellHoundFi scams executed; stolen funds later traced as seed liquidity for Glori Finance

    2024-04-14

    ZachXBT publishes investigation on X identifying Glori Finance (Arbitrum), Leaper Finance (Blast), and Zebra DAO (Base) as simultaneous exit scams operated by the same serial fraud group; advises users to withdraw immediately

    2024-04-14

    Leaper Finance team taunts ZachXBT on X referencing Lazarus Group before deactivating accounts; Glori Finance X account and website go offline

    Provenance & Audit Trail

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

    model: claude-sonnet

    generated: 5/4/2026, 4:04:58 PM

    last updated: 5/26/2026, 4:11:14 AM

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