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Bald

avoid.net/bald→4/100·100% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·4pB5k3…fX2y

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
Organizations
□Armstrong / Chindavanh / Rucker Crypto Robbery Gang0□Kraken62□Ethereum□Bald□FTX□Alameda□Arbitrum□Binance□Wintermute□Base□Sam Bankman-Fried□Alameda Research
Protocols
⌂LeetSwap⌂Uniswap
Tokens
♦Coinbase
Relationships
  • 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%)
  • + 38 more
Also appears in
LiFi Protocol·38Zcash·50Cosmos Hub·58Kraken·62Usual USD0·42MemeCore·22Nexera·32SafePal·42Socket Security Malicious Browser Extension Campaign August 2026·2Rain Protocol (RAIN Token)·12+ 50 more

Connected Through

14 shared actors · 543 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Bald?

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.

Provenance & Audit Trail
Anchored on SolanaVerify on-chain18 Wayback Archivessrc:defillama

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 18 of 20 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:39 AM

last updated: 9/15/2026, 4:12:54 PM

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