Waiting for XDC Rescue / Globiance Victim

30 posts

Waiting for XDC Rescue / Globiance Victim

Waiting for XDC Rescue / Globiance Victim

@osakacity2024

XDC holder with asset currently locked in Globiance. Waiting for the rescue process led by @atulkhekade. Transparency is key to community trust.

Katılım Ağustos 2024
22 Takip Edilen12 Takipçiler
Waiting for XDC Rescue / Globiance Victim retweetledi
ヌ 🗣️It will fade away if you say nothing!!!
I asked Grok for reference: “Can this post clearly be read as marketing (promotion) from an objective standpoint? If yes, why?” The answer is following: Yes, from an objective standpoint, this post can clearly and unambiguously be read as marketing (promotion). It is not neutral information provision or pure factual sharing; it clearly has a promotional nature. Ritesh’s post is not merely a list of facts; it is structured with the clear intention of emphasizing Globiance’s appeal, attracting users’ interest, and prompting action. Specifically: • Strong appeal to credibility By opening with “@globiance is a group of regulated/licensed exchanges and financial institutions” (a group of regulated and licensed exchanges and financial institutions), it immediately instills the image of being “safe, legal, and trustworthy”. This is one of the most frequently used techniques in cryptocurrency project promotions: it alleviates users’ concerns (such as scams or regulatory risks) and provides immediate reassurance through classic marketing phrasing. • Actively pushing the service’s strengths The sentence “It offers centralized and decentralized exchanges for #XRC20 and other cryptocurrencies.” emphasizes that it handles both CEX and DEX, and supports the XDC Network’s token standard (#XRC20). This brings the benefits to the forefront—“convenient, multi-functional, and perfectly suited for the XDC ecosystem”—which is not a neutral explanation but rather content that sells differentiation and superiority. Including #XRC20 as a hashtag is clear targeted promotion aimed at the XDC community. • Presence of a clear Call to Action (CTA) It includes a direct “Visit: [link]” to guide users straight to the site. This is a fundamental element of marketing, designed to make readers take immediate action. In pure information sharing, a link would be optional or understated, but here it is prominently placed, with the obvious intent of driving visits, registrations, and trading. • Hashtags designed for viral spread By ending with “#GBEX #Globiance,” it makes the brand name and token (GBEX) easier to trend and search on social media, intentionally structured for the post to spread. This is not mere information sharing but a promotional technique aimed at boosting community engagement and brand awareness. • The context also clearly shows its marketing nature This post is part of a thread by Ritesh in which he consecutively promotes other XDC ecosystem projects (@XSwapProtocol, @metabloqs, @XDSeaNFT, etc.) in the same format. In other words, as a co-founder of XDC Network, it is part of promotional activities to energize the entire ecosystem. Rather than personal impressions or neutral reviews, the repeated positive introductions strongly indicate marketing intent. These elements combined make it objectively impossible to read this post as “just factual notification” or “neutral sharing.” It is clearly a marketing post aimed at making people aware of Globiance, sparking interest, and driving them to visit. In the cryptocurrency community, when a founder-level figure provides such an endorsement, the trust boost is enormous, making it even more evidently an intentional promotional effort.
XDC Ritesh Kakkad@riteshkakkad

@globiance is a group of regulated/licensed exchanges and financial institutions. It offers centralized and decentralized exchanges for #XRC20 and other cryptocurrencies. Visit: globiance.com #GBEX #Globiance

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Mr E
Mr E@MrE777·
I don’t think Atul ever meant to help directly from @XDCNetwork . It was merely a suggestion to the community to form a group targeting any real evidence from @globiance @Globiance_Pay
Waiting for XDC Rescue / Globiance Victim@osakacity2024

@atulkhekade The refund plan was shared on Oct 29, 2025. I followed up on March 6, but there has still been no visible progress after more than 5 months. Could you please clarify the current status? Many affected users across multiple countries are still waiting. #XDC #Globiance

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『Me Ki Gai』というタイトルで、日本の「生きがい」をもじって、世界に説いているAtul氏。 でも本来の生きがいは「誠実さ」や「調和」が根底にあるんじゃないかな。今のコミュニティへの対応を見ていると、言葉だけを都合よく使って、中身は理解されていないように感じる。 #XDC #Globiance #MeKiGai
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Waiting for XDC Rescue / Globiance Victim
@atulkhekade The refund plan was shared on Oct 29, 2025. I followed up on March 6, but there has still been no visible progress after more than 5 months. Could you please clarify the current status? Many affected users across multiple countries are still waiting. #XDC #Globiance
Waiting for XDC Rescue / Globiance Victim tweet media
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Waiting for XDC Rescue / Globiance Victim retweetledi
11ppm
11ppm@11ppm11·
@sbivc_official @tomohiko_kondo @XDCNetwork @riteshkakkad @atulkhekade 2026年2月、XDCに提出したKYCがまたもやネット上でダダ漏れでしたよ。個人名や会社名、運転免許証なども含めてすべて、誰でも見ることが可能な状態でした。 画像見たらわかるけど、KYBで提出した書類だろうけど、SBIの文字が出てる。 こんなのSBIだったら考えられないでしょ?管理するという基本的なことができてないんだよ。 XDCは、公式に規制当局レベルとか金融機関レベルのKYCとか謳っているのに、ガバガバで笑わせる。 日本有数の金融機関SBIレベルから見たら、このKYC提出書類がダダ漏れになっていたとしたら、大問題でしょ? でもね、彼らは「もう修正しました。安心してください。もう安全です」で終わります。報告もなければ、謝罪もない。こういうガバナンスが幼稚なんだよ。 過去にも同じ事があったから修正していたはずのに、また同じ事が起こっている。次がないとなぜ言える?1000万XDCを保有している投資家たちの住所や連絡先も見れますよ。狙われる可能性、襲われる可能性があるよね。 Globiance事件を見て思うのは、XDCのガバナンスは、一事が万事この調子だということ。レベルは極めて低く、組織は開発者ばかりで、ガバナンスがめちゃくちゃです。 貿易金融などXDCの狙いはよかったけれど、いかんせんガバナンスが致命的だった。近藤さんから厳しく注意してあげた方がいいですよ。 あと貿易金融もXDC以外でも問題なく進められるだろうから、その線で進めていったほうがビジネスとしては安全な気がしますね。 Globiance事件の一部責任があるという点において、XDCはいずれ訴訟を起こされる可能性が高いと思います。 すべてXDC自身が蒔いた種であり、対応の拙さ(ガバナンスの脆弱さ)によるものです。問題を大きくするのではなく、小さく抑えられる誠実な対応(救済基金など)も可能だったのに、それを自ら手放しているように見えるのは、とても残念なことです。 --- 🇯🇵 --- @11ppm/KYC_JP#qh4p" target="_blank" rel="nofollow noopener">teletype.in/@11ppm/KYC_JP#… --- 🇬🇧🇺🇸 --- @11ppm/KYC_en#aLkY" target="_blank" rel="nofollow noopener">teletype.in/@11ppm/KYC_en#…
ニンタマくん🐈🏴‍☠️🐰🥕@NintaFire

2026年2月時点で誰でも閲覧可能だったノードのKYC書類が見れなくなってますよー。 Globianceの事件を教訓に、透明性が改善されたと思ったのに😢 #XDC #Globiance @XDCNetwork @XinFin_Official @XDCFoundation

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Waiting for XDC Rescue / Globiance Victim retweetledi
ヌ 🗣️It will fade away if you say nothing!!!
そうではありません。関連法人というのはglobianceの子会社を指します。 言いたかったのは、globianceがユーザー資金からマスターノードを建てる際に、どの子会社でKYCを行ったか、です。なぜなら、その子会社がユーザー資金を管理(custody)していた可能性があるからです。そしてそれを知っているのはKYCを行ったXDCネットワークということです。
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Waiting for XDC Rescue / Globiance Victim retweetledi
ヌ 🗣️It will fade away if you say nothing!!!
多くのユーザーは、Globianceのプラットフォーム上のステーキングプールが世界中のユーザーによって“共有”されていた認識ありますよね? 例えば、プールの追加リクエストも地域別ではなくグローバルに反映されていました。 つまり、世界中のユーザー資金は地域別ではなく一箇所で管理されていた認識で合っていますよね? その資金はXDCマスターノードを建てるために使われたのですから、@XDCNetwork のKYCを経て運用されていたはずです。 そして、Globianceの公式声明 “The issue originated on our V2 platform, operated by our Lithuanian subsidiary, UAB Globiance LT.” を踏まえると、「被害」が発生したのはリトアニア子会社が運営していたV2プラットフォームだったことになります。 そうであれば、マスターノード運用のKYC主体もこの子会社名義だったと考えるのは合理的ではないでしょうか? もしKYC主体が Globiance LTではない のであれば、次の点についても説明が必要になると思います。 ・KYC主体となっていた法人はどこなのか ・ユーザー資金はどのようにその法人へ移動したのか ・実際に資金を管理していた custodian は誰なのか つまり、私たちの資金がどの事業体の責任下にあったのかを明確にする必要があると思います。 透明性のためにも、この点についての説明を求めたいと思います。 @Lietuvosbankas @uknf @ESMAComms #Globiance #ConsumerProtection #Transparency #Accountability #CrossBorderInvestigation #ConsumerRights #AssetsFrozen #MiCA @globiance @Oliver_LaRosa @Irina_La_Rosa
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Waiting for XDC Rescue / Globiance Victim retweetledi
ヌ 🗣️It will fade away if you say nothing!!!
🧩 Structural Reflection (Record) #Globiance has publicly stated the following: • The issue originated on the Lithuanian subsidiary’s V2 platform. • The subsidiary could not fulfill refunds independently. • Bankruptcy was a legal option but was not chosen. • Shareholders and new business earnings are being used to fund repayments. • The group as a whole is taking responsibility. • Regulators will receive aggregated information only. • Individual refund details will not be disclosed to third parties. This is not about accusations. It is about structural consistency. ⸻ 1️⃣ Why was there a global withdrawal freeze? The issue is described as being limited to the Lithuanian subsidiary. Yet what occurred was: • A worldwide withdrawal suspension • Impact affecting users globally If customer funds were truly segregated by regional legal entities, a liquidity shortfall at one subsidiary would not normally require a global freeze. A worldwide lock suggests at least one of the following: • Shared liquidity across the group • Centralized custody or backend infrastructure • A single effective liquidity pool • Functional integration despite formal corporate separation ⸻ 2️⃣ “Subsidiary problem” but “group-wide responsibility” The sequence presented is: 1. A subsidiary-level issue 2. The subsidiary cannot repay independently 3. Bankruptcy was not chosen 4. The entire group will repay This effectively reframes a subsidiary loss as a group-level obligation. If entities were genuinely independent in substance, liquidation and creditor distribution at the subsidiary level would have been a conceivable path. Instead, a group-funded voluntary repayment model was adopted. ⸻ 3️⃣ The XDC masternode structure question Another critical issue concerns the XDC masternodes reportedly built using customer funds. Were these masternodes: • Managed separately by each regional subsidiary? or • Operated centrally at the group level? If staking infrastructure and node operations were managed on a consolidated basis, that would raise further questions about whether customer assets were structurally segregated. If they were fully separated per entity, then the mechanism by which one subsidiary’s issue triggered a global freeze requires additional explanation. ⸻ 4️⃣ The significance of not choosing bankruptcy A formal insolvency process would typically involve: • Full financial disclosure • Examination of intercompany transfers • Review of asset segregation practices • Verification of liquidity positions A voluntary repayment framework, by contrast, relies primarily on internal reporting. This is not a legal conclusion. It is a structural observation. ⸻ 5️⃣ Disclosure policy The company states that regulators will receive: • The number of affected users per country • The total refund volume per jurisdiction • The progress of refunds in each country These are aggregated figures. No mention is made of external verification of individual-level refund data. ⸻ 6️⃣ The remaining structural questions Without making accusations, the following issues remain open: • Were customer funds truly segregated by legal entity? • Was liquidity shared at the group level? • Who controlled the XDC masternodes? • Were subsidiaries substantively independent? • Why did a “regional issue” result in a global freeze? This is not about emotion. It is about the alignment — or misalignment — between corporate form, liquidity structure, and operational reality. Recording this for clarity. * For transparency: this reflection was prepared with AI-assisted structuring to organize publicly available statements and examine structural consistency. #GlobianceIssue #CryptoCompliance #CorporateStructure #ConsumerProtection #XDC
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Waiting for XDC Rescue / Globiance Victim retweetledi
ヌ 🗣️It will fade away if you say nothing!!!
投稿内容を簡潔にまとめると、以下のようになります: ⸻ 🔹 問題の概要 • @Globiance はまだ顧客資金(数百万ドル規模)を返金していない。 • 今年初め、オーストラリアとブラジルの顧客にはXDC残高のアクセス・返金が2月末までに行われると通知されたが、実現していない。 • 返金期限が過ぎた理由や進捗についての説明はなし。 🔹 事実確認 • 1月7日、Globianceは「オーストラリアとブラジルの全ユーザーは2月末までに全額返金される」と発表。 • しかし現時点で返金は完了しておらず、対応プロセスも不明。 🔹 現状と影響 • XDC Network自体はプラットフォーム運営に関与しておらず、ネットワークはユーザーに代わって解決できない。 • 多くのユーザーが資金を失い、税務上の不安も抱える。 🔹 Globianceチームへの質問 1. オーストラリア・ブラジル顧客への全額返金はまだ行われるのか? 2. 期限を守れなかった理由の説明は? 3. 今後の手続きや、世界中のユーザーがすべき対応は? 🔹 呼びかけ • 返金対象者は国と返金状況をコメント。 • DMでの事実ベースの情報提供も歓迎。 • 参考サイトや署名活動も紹介
XDC Australia@XDC_Australia

🔗@Globiance is still withholding millions in client money. 🗓️Certain refunds were promised by the end of February. Where are they? Here’s what we know: Earlier this year @globiance issued a notice to Australian and Brazilian clients saying accounts would be made accessible to their $XDC balances. This is after more than 12+ months without any real platform functionality. This was a real win for all those affected globally, as two nations were singled out for imminent resolution. Jan 7, Globiance stated on X that “...all users from #Australia and #Brazil will have received their full refunds by the end of February”. That has not happened. And, there has been no clear announcement explaining why the deadline was missed. Uncomfortable truth: business is hard - most new ones never reach maturity. And, if you have not been involved in a failing business or even been a client of one, then you probably have lived either a charmed life or a sheltered existence. But regardless of how #Globiance might have ended up here, they are duty-bound to resolve, as they well know. And here in this instance, a public promise was made - a timeline was set, and people are still waiting. It’s saddening and some what incredible to watch a long-term platform built on this chain, one that many in the community backed hard, end up in this position. And now, failing to deliver on its own recovery plan. For clarity: @XDCNetwork itself does not control the business operations of entities that choose to build on it. But that’s how, historically, permissionless #DLT works. It helps solve the censorship issue that can occur in centralised systems - while keeping things super simple for encouraging democratised access. 🥲But the downside is also real. When something like this happens, the network can’t just step in and “fix it” for users. Clearly, plenty of #Xinfam, even including those actively contributing to the Network's development, are now left out-of-pocket, in tax-limbo... and imaginably many probably embarrassed and disheartened, because of this implosion. So, let's put it back where it belongs. @Oliver_LaRosa, and whoever is left of the team at #Globiance and @Globiance_Pay: 1. Are these full refunds still happening for Australian and Brazilian clients? 2. Why was there no communication when this step was not followed? 3. What is the process from here, and what should global users do right now? 💡Your business held millions in client money, you owe people answers. If you're a client, and affected, comment with your country and whether you indeed received a refund in the comments. If you want to DM us, keep it factual. However, do also check out these websites - they could be helpful. globiance.zone affdragons.com/globiancepay-c… Signing up to this Change.org petition might be a small gesture, but it could be worth something. change.org/p/justice-for-… 🤝Let's all see some meaningful progress. And #FreeXDC today! @blocksec_xdc @B3lle888

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Waiting for XDC Rescue / Globiance Victim
.@atulkhekade Transparency is the core value of #XDC. While @XDC_Australia is rightly seeking answers from #Globiance, we still hold onto the "Refund plan" you personally shared. We trust you to ensure these promises are fulfilled for ALL of us, including the community in Japan.
Waiting for XDC Rescue / Globiance Victim tweet media
XDC Australia@XDC_Australia

🔗@Globiance is still withholding millions in client money. 🗓️Certain refunds were promised by the end of February. Where are they? Here’s what we know: Earlier this year @globiance issued a notice to Australian and Brazilian clients saying accounts would be made accessible to their $XDC balances. This is after more than 12+ months without any real platform functionality. This was a real win for all those affected globally, as two nations were singled out for imminent resolution. Jan 7, Globiance stated on X that “...all users from #Australia and #Brazil will have received their full refunds by the end of February”. That has not happened. And, there has been no clear announcement explaining why the deadline was missed. Uncomfortable truth: business is hard - most new ones never reach maturity. And, if you have not been involved in a failing business or even been a client of one, then you probably have lived either a charmed life or a sheltered existence. But regardless of how #Globiance might have ended up here, they are duty-bound to resolve, as they well know. And here in this instance, a public promise was made - a timeline was set, and people are still waiting. It’s saddening and some what incredible to watch a long-term platform built on this chain, one that many in the community backed hard, end up in this position. And now, failing to deliver on its own recovery plan. For clarity: @XDCNetwork itself does not control the business operations of entities that choose to build on it. But that’s how, historically, permissionless #DLT works. It helps solve the censorship issue that can occur in centralised systems - while keeping things super simple for encouraging democratised access. 🥲But the downside is also real. When something like this happens, the network can’t just step in and “fix it” for users. Clearly, plenty of #Xinfam, even including those actively contributing to the Network's development, are now left out-of-pocket, in tax-limbo... and imaginably many probably embarrassed and disheartened, because of this implosion. So, let's put it back where it belongs. @Oliver_LaRosa, and whoever is left of the team at #Globiance and @Globiance_Pay: 1. Are these full refunds still happening for Australian and Brazilian clients? 2. Why was there no communication when this step was not followed? 3. What is the process from here, and what should global users do right now? 💡Your business held millions in client money, you owe people answers. If you're a client, and affected, comment with your country and whether you indeed received a refund in the comments. If you want to DM us, keep it factual. However, do also check out these websites - they could be helpful. globiance.zone affdragons.com/globiancepay-c… Signing up to this Change.org petition might be a small gesture, but it could be worth something. change.org/p/justice-for-… 🤝Let's all see some meaningful progress. And #FreeXDC today! @blocksec_xdc @B3lle888

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Waiting for XDC Rescue / Globiance Victim retweetledi
XDC Australia
XDC Australia@XDC_Australia·
🔗@Globiance is still withholding millions in client money. 🗓️Certain refunds were promised by the end of February. Where are they? Here’s what we know: Earlier this year @globiance issued a notice to Australian and Brazilian clients saying accounts would be made accessible to their $XDC balances. This is after more than 12+ months without any real platform functionality. This was a real win for all those affected globally, as two nations were singled out for imminent resolution. Jan 7, Globiance stated on X that “...all users from #Australia and #Brazil will have received their full refunds by the end of February”. That has not happened. And, there has been no clear announcement explaining why the deadline was missed. Uncomfortable truth: business is hard - most new ones never reach maturity. And, if you have not been involved in a failing business or even been a client of one, then you probably have lived either a charmed life or a sheltered existence. But regardless of how #Globiance might have ended up here, they are duty-bound to resolve, as they well know. And here in this instance, a public promise was made - a timeline was set, and people are still waiting. It’s saddening and some what incredible to watch a long-term platform built on this chain, one that many in the community backed hard, end up in this position. And now, failing to deliver on its own recovery plan. For clarity: @XDCNetwork itself does not control the business operations of entities that choose to build on it. But that’s how, historically, permissionless #DLT works. It helps solve the censorship issue that can occur in centralised systems - while keeping things super simple for encouraging democratised access. 🥲But the downside is also real. When something like this happens, the network can’t just step in and “fix it” for users. Clearly, plenty of #Xinfam, even including those actively contributing to the Network's development, are now left out-of-pocket, in tax-limbo... and imaginably many probably embarrassed and disheartened, because of this implosion. So, let's put it back where it belongs. @Oliver_LaRosa, and whoever is left of the team at #Globiance and @Globiance_Pay: 1. Are these full refunds still happening for Australian and Brazilian clients? 2. Why was there no communication when this step was not followed? 3. What is the process from here, and what should global users do right now? 💡Your business held millions in client money, you owe people answers. If you're a client, and affected, comment with your country and whether you indeed received a refund in the comments. If you want to DM us, keep it factual. However, do also check out these websites - they could be helpful. globiance.zone affdragons.com/globiancepay-c… Signing up to this Change.org petition might be a small gesture, but it could be worth something. change.org/p/justice-for-… 🤝Let's all see some meaningful progress. And #FreeXDC today! @blocksec_xdc @B3lle888
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Waiting for XDC Rescue / Globiance Victim
@XDC_Australia Thank you for your quick response and for your commitment to assess the situation. Your support means a lot not only to the AU community but also to others following this closely. We truly appreciate your transparency and look forward to the updates.
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@XDC_Australia It’s March 1st. Could you help confirm the refund status for AU users? Globiance aimed for the end of Feb to complete all AU refunds, but many are still waiting. Thank you for your continued support for our community. #XDC #Globiance #AtulKhekade
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XDC Australia@XDC_Australia

@oeeeeup We are aware of a number of Australian users that still have no access to their digital asset funds on the #Globiance platform.

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XDC Network
XDC Network@XDCNetwork·
Thrilled to share a remarkable moment from our XDC Network Institutional Lunch at the House of Commons, London - an inspiring gathering of global leaders shaping the future of digital assets. We were honored to welcome senior representatives from some of the world’s most influential institutions - including JP Morgan, Fidelity, Franklin Templeton, Mastercard, Incore Bank, NatWest Group, Deutsche Bank, Galaxy, Cumberland, Flow Traders, B2C2, Royal London Asset Management, the Embassy of Switzerland, and many more. The room was filled with expertise, curiosity, and a shared commitment to responsible innovation. The afternoon opened with powerful remarks from Dr. Lisa Cameron, followed by a warm welcome from Lord Ranger of Northwood and Atul Khekade. We also held an emotional and meaningful tribute to our dear friend Ken “KC” Chapman, honoring his legacy with the XDC Network Impact Investing Award. Over lunch, we explored two major themes driving institutional adoption: AI, Quantum & Digital Assets with insights from Simon Barnby (Archax), Emilio Anting (Franklin Templeton), and Dr. Omri Ross (eToro). Real-world tokenization at scale, featuring the incredible Brazil case study presented by Diego Consimo. Immense gratitude to everyone who joined us at this iconic venue. The energy, collaboration, and optimism in the room showed just how far our industry has come - and how much we can build together. More to come soon.
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