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The hype around BALD token pushed prices 4,000,000% from issuance and attracted over $68 million from traders.
Crypto sleuths have found connections between Sam Bankman-Fried's Alameda Research and BALD's deployer wallet.
The rug-pulling of short-lived, heavily hyped meme coin bald (BALD) has a whole cast of characters, but is one of them Sam Bankman-Fried?
On-chain datasuggests interactions between the memecoin BALD’s deployer contract and one of the wallets tagged by Nansen as belonging to Alameda Research - the trading company founded and controlled by Bankman-Fried. The data was cited by several blockchain sleuths on the social media platform formerly known as Twitter and later validated by CoinDesk.
Wintermute’s head of research, Igor Igamberdiev, tied another wallet address 0xccFa05 to Alameda, stating its owner showed strong technical capabilities and proved to be a savvy DeFi user: Trading on the first version of dYdX and Oasis, as well as voting on the first proposals from SushiSwap.
The wallet was seemingly active on crypto exchanges Binance, FTX and Coinbase (COIN) in that period and was a heavy DeFi user, farming millions of dollars on early DeFi projects such as Yearn Finance and Cream.
However, Igamberdiev stated that while the actions seemed to be "definitely someone from Alameda," it was unlikely to be Bankman-Fried himself.
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Alright, I've been sitting on this news all day, but let's look at the@BaldBaseBalddeployer.
This is definitely someone from Alameda, but I don't think we can safely say that this is@SBF_FTX(even though he is a psycho)
Let's go