Bald
Last changed 2026-10-27 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 4 → 0. The page establishes that the subject is itself a scheme, so the score is 0. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -73 |
| Sum | -8 |
- The page establishes that the subject is itself a scheme, so the score is 0.
Score: 0/100 (kept between 0 and 100)
How scoring works →Summary
BALD was a memecoin launched on Coinbase's Base Layer 2 network on July 29, 2023, allegedly named as a reference to Coinbase CEO Brian Armstrong's appearance. After attracting over $66 million in ETH to its liquidity pool through aggressive liquidity additions and a price surge of approximately 4,000,000% within 24 hours, the anonymous deployer removed approximately $25.6 million in liquidity on July 31, 2023, causing the token price to collapse by roughly 90%. On-chain investigators linked the deployer's wallet to addresses with documented interactions with Alameda Research, with Wintermute's head of research publicly identifying former Alameda co-CEO Sam Trabucco as the most likely suspect — though no conclusive proof of identity was ever established.
Connected Entities
15 entities · 60 linked investigations- Wintermute→mentioned with→Ethereum(70%)
- Ethereum→mentioned with→Coinbase(60%)
- Binance→mentioned with→Ethereum(65%)
- Uniswap→mentioned with→Ethereum(80%)
- Armstrong / Chindavanh / Rucker Crypto Robbery Gang→mentioned with→Ethereum(65%)
- LeetSwap→mentioned with→Coinbase(70%)
- LeetSwap→mentioned with→Wintermute(65%)
- Alameda Research→mentioned with→Binance(70%)
- LeetSwap→mentioned with→Uniswap(60%)
- Alameda Research→mentioned with→Alameda(70%)
- + 44 more
Connected Through
14 shared actors · 535 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- □Ethereumorganization
- □Binanceorganization
- ⌂Uniswapprotocol
- ♦Coinbasetoken
Timeline(7 events)
29 July 2023
BALD token deployed on Base network by anonymous developer operating as 'BaldBaseBald' on Twitter. No UI, no team disclosure, no audit.
30 July 2023
Token surges approximately 4,000,000% within 24 hours. Deployer injects over 6,700 ETH (~$12.5M) into Leetswap liquidity pool. ETH bridged to Base surges from $2M (all of July) to $58M in a single day.
31 July 2023
Deployer removes approximately 1,034 ETH from liquidity pool; token price collapses 85-90%. Total liquidity extracted reported at ~$25.6M; investor losses estimated at ~$23M. Developer publicly denies selling tokens.
August 2023
On-chain investigators, led by Wintermute's Igor Igamberdiev, publish analysis linking the BALD deployer wallet to addresses associated with Alameda Research via shared FTX deposit account. Trabucco named as primary suspect, with no hard proof.
August 2023
Scopescan identifies a separate serial rug puller who deployed 29 additional scam memecoins on Base in the wake of BALD, extracting over $1M.
14 August 2023
BALD deployer bridges 7,000 ETH (~$12.9M) from Base back to Ethereum, then deposits 2,100 ETH (~$3.87M) to Kraken exchange, per Lookonchain analytics.
26 March 2024
BALD token briefly rallies after developer reportedly burns 60% of remaining supply. Original investor losses from the rug pull were not restored.
Decision Log
- slot 461963933 · hash 9QNVwFTGrSFSinMzaNT6cu6yK3Gu8Q4bTakYoov6WuWu
- slot 420849041 · hash FGYQrW9d5MumtYqLbAPKG4v4isHXZgeoZP6f1zeiJsYX
This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 18 of 20 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:39 AM
last updated: 10/27/2026, 6:04:13 AM
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