Here to dig into Globiance. Tracking user funds. Gathering information. DMs open. Email: [email protected].
Joined August 2025
- Tweets262
- Following52
- Followers379
- Likes109
Pinned Tweet
The following are two *preliminary* findings regarding the flow of @globiance's XDC.
Much more work remains to be done. A conclusive, complete analysis will take time. This isn’t that. But it is a start.
1/n
blocksec retweeted
All the platforms building on XDC are third party and do not get any support from XDC core team beyond technical support.
Our job is only making sure we push the protocol and standards forward and keep improving them.
We do not support/endorse any platform offering yields or promising returns. We do not give any investment advise.
Community needs to assess and engage at their own risks, failing to do so can mean losing all funds.
Everything is onchain and transparent to the level of every transaction hash and movement on the chain. I as founder only work on improving the protocol.
1) Globiance is obliged to return user funds in full, regardless of what Atul does to help. “Pausing” efforts to return user funds was disingenuous of them from the start. Nothing Atul does negates their legal obligations.
2) Contrary to their public announcements, to this day I’ve seen no credible (on chain) evidence that Globiance has returned any user funds.
3) In addition, by discouraging users who’ve (supposedly) received their funds from sharing TX hashes and by refusing to share TX hashes themselves so the community can independently verify their public claims, they are being doubly disingenuous.
Globiance could easily share the public address of the wallet they’re using to return user funds - their refusal to do so (on manifestly absurd grounds), combined with the lack of users credibly claiming to have received their funds back, suggests that they have not returned any user funds.
TL;DR
Globiance continues to play games. Until they share the wallet address they’re using to return funds to users, I’d trust nothing they say.
P.S.
For our part, work on the legal structure is ongoing - this is a massive, tricky undertaking and, as I’ve said, it will take time to get everything in place. Nothing is over until the fat lady sings, but we’re doing our best.
