Is SBF BALD? FTX Connection Emerges in Rug Pull Investigation

• The crypto group on Twitter has raised considerations in regards to the identification of the BALD memecoin deployer.
• Evaluation by on-chain sleuths prompt that the deployer could also be Sam Bankman-Fried or an FTX insider.
• The deployer’s earlier transactions confirmed indicators of affiliation with FTX and Alameda Analysis.

Sam Bankman-Fried (SBF) would be the deployer of the controversial meme token BALD, in response to evaluation by on-chain sleuths on Twitter. The earlier transactions made by the pockets that added liquidity to the meme token indicated an affiliation with FTX and its sister agency Alameda Analysis, each based by Bankman-Fried.

In an attention-grabbing flip of occasions, one of the hyped meme tokens on Coinbase’s layer-2 Base has develop into one of the controversial tokens. After dropping nearly all of its liquidity and witnessing a worth fall of greater than 85%, the crypto group on Twitter has accused the deployer of rug-pulling.

BALD’s reputation surged after degen merchants on Twitter shared positive aspects of as much as 100,000%. The prospect of exponential returns prompted others to spend money on the meme token and pump its worth, including to the mania. Nevertheless, all of it got here crashing d…

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