13,407,627 stopped-trading tokens · aggregate study117 audited channel entries14 evidence-reviewed filesData lenses updated 11 Jul 2026
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GLA

Gladius Token

As of 15 Jul 2026, this review classifies Gladius Token as explicitly ceased; the displayed clock measures since the team's dissolution announcement. Overall confidence is high.

Explicitly ceased

Gladius Network announced immediate cessation and dissolution in November 2019 after its GLA markets had been delisted and an SEC settlement had imposed investor-remedy obligations.

Cessation clock

2,427complete dayssince the team's dissolution announcement · through 15 Jul 2026
AssessmentExplicitly ceased

Cessation supported by a primary source

Clock interval2,427 days

Source gives a date, so a range is preserved

Overall confidencehigh

Minimum of identity, timestamp and coverage

Policy2026-07-15.1

Reviewed as of 15 Jul 2026

Concise conclusion

Gladius Network announced immediate cessation and dissolution in November 2019 after its GLA markets had been delisted and an SEC settlement had imposed investor-remedy obligations.

“Ghosted” is editorial shorthand only. The formal assessment is explicitly ceased, scoped to the channels and dates shown below.

01

Lifecycle dossier

Reviewed 15 Jul 2026, 13:31:02 UTC · schema 1.0.0

The SEC order fixes the GLA sale and distribution, KuCoin supplies exact listing and delisting schedules, and contemporaneous reports preserve the team's official 22 November 2019 cessation message. Current repositories, a company profile and the token contract are retained artifacts rather than evidence of resumed issuer operations.

01

Chronology

Oldest to newest · every event has a direct source

  1. range
    funding

    GLA offering conducted

    The SEC found that Gladius sold GLA from 13 October through 13 December 2017, reaching its cap and raising Ether valued at approximately $12.7 million from about 1,700 purchasers.

    U.S. SEC order ↗
  2. date
    launch

    GLA distributed to purchasers

    The regulator records that Gladius distributed GLA to purchasers on Ethereum on 12 February 2018 after the 2017 offering.

    U.S. SEC order ↗
  3. timestamp
    listing

    KuCoin opened GLA trading

    KuCoin's first-party listing schedule opened GLA/BTC and GLA/ETH trading at 22:00 UTC+8, equivalent to 14:00 UTC.

    KuCoin listing announcement ↗
  4. timestamp
    listing

    KuCoin closed GLA markets

    KuCoin's delisting schedule closed the GLA trading pairs at 14:00 UTC+8 on 23 November 2018, equivalent to 06:00 UTC; withdrawals remained available for six months.

    KuCoin delisting announcement ↗
  5. date
    legal

    SEC settlement order entered

    The SEC ordered Gladius to cease and desist, register GLA as a class of securities, notify purchasers of claim rights and make periodic reports; no civil penalty was imposed because of self-reporting and cooperation.

    U.S. SEC order ↗
  6. timestamp
    product

    Latest visible official-org code commit

    The latest substantive default-branch commit found in the official organization updated its Proxygen build environment. Repository retention after that date is not counted as development.

    GitHub native commit ↗
  7. date
    cessation

    Team announced immediate cessation

    Gladius co-founder Alex Godwin posted a team-signed message in the official Telegram group saying the company had ceased operations immediately, filed for dissolution and lacked funds to continue.

    Contemporaneous report preserving official message ↗
02

Delisting audit

Venue-specific states; never a proxy for team activity

Venue / assetStateDatesEvidence and limitation
KuCoinGLA/BTC and GLA/ETHdelisted23 Nov 2018, 06:00:00 UTCAnnounced 22 Nov 2018, 00:00:00 UTCKuCoin delisting announcement ↗Trading closed at the published 14:00 UTC+8 time; deposits and pending orders stopped earlier and withdrawals continued until 23 May 2019.
03

Social-channel audit

Ownership, last signal and coverage are assessed separately

02

Strongest supporting evidence

4 cited facts
01

The SEC found that Gladius sold GLA from 13 October to 13 December 2017, raised approximately $12.7 million and distributed the token on 12 February 2018.

U.S. SEC order ↗live
04

The latest substantive default-branch commit found in the official GitHub organization was recorded on 31 May 2019 at 01:07:05 UTC.

GitHub native commit ↗live

03

Strongest counterevidence

Leading hypothesis attacked
C1

The official GitHub organization and repositories remain publicly readable, but retained source code is compatible with the team's promise to leave code available and does not establish resumed development.

Current GitHub organization ↗live
C2

A historical Gladius company profile remains online on LinkedIn; static profile availability is not evidence that the dissolved company resumed operations.

Current LinkedIn company profile ↗live
C3

The GLA ERC-20 contract remains queryable and holder transfers may be visible, but independent on-chain holder activity does not prove issuer operations or product revival.

Ethereum token explorer ↗live

04

Channel ledger

Separate clocks; separate failure modes
ChannelStatusLast verified activityEvidence
CommunicationOfficial Gladius Telegram closure messageceased22 Nov 20192,426–2,427 complete daysOpen source ↗Contemporaneous reporting preserves the team-signed statement that operations ceased immediately and dissolution was filed.
Codegladiusio visible default branchessilent31 May 20192,602 complete daysOpen source ↗Latest substantive default-branch commit found across the official organization; retained repositories are not new activity.
Websitegladius.ioinaccessibleUnresolvedunknownOpen source ↗The former official domain returned an origin-certificate error during review; no final-page timestamp is invented.
CommunityX, Telegram, Medium, Reddit and LinkedInnot exhaustively checkedUnresolvedunknownOpen source ↗The closure is explicit, but complete native exports remain unavailable for a project-wide final social-post claim.

05

Alternative explanations

  • A1A community member could fork or reuse the open-source Gladius code without reviving Gladius Network LLC.
  • A2Token-holder transfers can continue independently of the former issuer and its discontinued service.

06

Unresolved unknowns

  • U1A certified corporate dissolution record and final legal effective date were not recovered in this review.
  • U2The complete native Telegram and X histories remain unavailable, so the closure message is the last verified team item rather than a proven final post across every channel.
  • U3The final outcome of every investor refund or claim required by the SEC order remains unresolved here.

Highest-value next checks

What would most reduce uncertainty?

  1. Obtain the relevant jurisdiction's certified dissolution filing and compare its effective date with the 22 November announcement.
  2. Recover stable-ID exports of the official Telegram and X accounts to test whether any later issuer-authored message exists.
  3. Enumerate all 34 official GitHub repositories and non-default branches to independently confirm the bounded code clock.