News Explorer — Blockchain Sleuths Link BALD Liquidity Rug Pull to Sam Bankman-Fried

By Decrypt August 01, 2023 In Binance, Bitcoin, Blockchain, Ethereum

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Speculation is growing that former FTX CEO Sam Bankman-Fried, currently under house arrest, may be behind the liquidity pullout from the BALD meme coin on Ethereum’s layer 2 network. Blockchain watchers point to wallet addresses linked to Bankman-Fried and similarities in language used by the BALD Twitter account. Bankman-Fried’s legal team has struggled to monitor his internet activity, and prosecutors have requested the revocation of his $250 million bond.

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