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NewsMarket Rumors Memecoin $BALD Related to FTX or Alameda

Market Rumors Memecoin $BALD Related to FTX or Alameda

Aug 01,2023,06:39

It is rumored that the Memecoin $BALD deployer may be a person related to FTX or Alameda, and some even think it is SBF himself. 

The address had frequent and large transfers of funds with the FTX, and another address of owner had $20 million in funds transactions with Alameda-related addresses. Considering the size of the funds, it is possible that this is a trader within Alameda or a related market-making team.

$BALD is a meme coin launched on Coinbase's Base Chain, the token received a lot of attention in recent days. The token was created last week and reached over $80 million market capitalization in 48 hours. However, its price collapsed over 90% yesterday due to its developer allegedly pulling out liquidity.

 

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