Glori Finance
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 entitiesTimeline(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
2024-01-01
Crolend, Hash DAO, and HellHoundFi scams executed; stolen funds later traced as seed liquidity for Glori Finance
Decision Log
- hash: BmqAr2kZ3ozWrGenWzLJFg2NTgtZ6Pedhiup8N9ornUQ
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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