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Audit log

Every state-changing event for Bald: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.

  1. #1publishby system:backfill
    2026-05-19 21:18:09Z
    Score: ?? (no score change)
    anchoranchored
    chain
    mainnet-betaslot 420,849,041
    sig
    4pB5k37dfGaW…SompfX2yexplorer ↗
    hash
    FGYQrW9d5Mum…1zeiJsYXsha256 → base58
    verifying row…full verify ↗
    canonical bytes (6241 B) ▸
    {"actor":"system:backfill","investigation_id":"9a506b5d-9c23-4795-b05b-ec3952a746b6","kind":"publish","page_slug":"bald","published_at":"2026-05-19T21:18:09.252Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Bald","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.halborn.com/blog/post/explained-the-bald-token-rug-pull-july-2023"},{"credibility":3,"name":"","type":"other","url":"https://www.dlnews.com/articles/defi/the-coinbase-l2-network-base-saw-meme-coin-frenzy-on-sunday/"},{"credibility":3,"name":"","type":"other","url":"https://cointelegraph.com/news/bald-memecoin-base-coinbase-brian-armstrong"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.web3isgoinggreat.com/?id=bald-rug-pull"},{"credibility":3,"name":"","type":"other","url":"https://www.coindesk.com/markets/2023/08/14/bald-developer-sends-12m-back-to-ethereum-after-spectacular-mess-up"},{"credibility":3,"name":"","type":"other","url":"https://coinjournal.net/news/bald-network-developer-sends-7000-eth-to-ethereum-deposits-some-on-kraken/"},{"credibility":3,"name":"","type":"other","url":"https://nftnow.com/news/bald-memecoin-already-dubbed-rug-pull-after-25m-loss-in-liquidity/"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.coindesk.com/markets/2023/08/01/bald-token-rugpull-may-have-links-to-sam-bankman-frieds-alameda-data-shows"},{"credibility":3,"name":"","type":"other","url":"https://cryptopotato.com/the-bald-truth-or-conspiracy-memecoins-suspected-links-to-alameda-and-sam-bankman-fried/"},{"credibility":3,"name":"","type":"other","url":"https://cryptorank.io/news/feed/a96d8-29-meme-coins-bald-rugged-base-investors-lose-millions"},{"credibility":3,"name":"","type":"other","url":"https://basescan.org/token/0x27d2decb4bfc9c76f0309b8e88dec3a601fe25a8"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.coindesk.com/markets/2023/08/01/bald-token-rugpull-may-have-links-to-sam-bankman-frieds-alameda-data-shows"},{"credibility":3,"name":"","type":"other","url":"https://cryptonews.com/news/crypto-sleuths-discover-potential-connections-between-sam-bankman-fried-and-bald-rugpull/"},{"credibility":3,"name":"","type":"other","url":"https://coinpedia.org/news/bald-memecoin-plummets-over-87-amidst-liquidity-is-sbf-behind-the-bald-token-rugpull/"},{"credibility":3,"name":"","type":"other","url":"https://insidebitcoins.com/news/could-bald-tokens-rug-pull-be-linked-to-sam-bankman-frieds-alameda-research"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.newsbtc.com/news/29-meme-coins-bald-rugged-base-investors-lose-millions/"},{"credibility":3,"name":"","type":"other","url":"https://www.newsbtc.com/news/on-chain-experiment-or-rug-pull-base-faces-backlash-after-unofficial-memecoin-crashes-90/"},{"credibility":3,"name":"","type":"other","url":"https://blockworks.com/news/inside-coinbase-base-launch"},{"credibility":3,"name":"","type":"other","url":"https://www.fxstreet.com/cryptocurrencies/news/bald-price-rallies-as-developer-burns-60-of-supply-following-rug-pull-on-blockchain-202403261421"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.halborn.com/blog/post/explained-the-bald-token-rug-pull-july-2023"},{"credibility":3,"name":"","type":"other","url":"https://www.cryptotimes.io/2023/08/01/bald-memecoin-rugged-developers-wallet-links-to-ftx-sbf/"},{"credibility":3,"name":"","type":"other","url":"https://decrypt.co/150693/following-meme-coin-mania-on-coinbases-base-one-token-appears-to-be-a-rug"}]}],"sources_used":[],"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.","timeline":[{"date":"2023-07-29","event":"BALD token deployed on Base network by anonymous developer operating as 'BaldBaseBald' on Twitter. No UI, no team disclosure, no audit.","source":""},{"date":"2023-07-30","event":"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.","source":""},{"date":"2023-07-31","event":"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.","source":""},{"date":"2023-08-01","event":"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.","source":""},{"date":"2023-08-01","event":"Scopescan identifies a separate serial rug puller who deployed 29 additional scam memecoins on Base in the wake of BALD, extracting over $1M.","source":""},{"date":"2023-08-14","event":"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.","source":""},{"date":"2024-03-26","event":"BALD token briefly rallies after developer reportedly burns 60% of remaining supply. Original investor losses from the rug pull were not restored.","source":""}]},"v":1}
    Verify offline (run on your own machine)
    python -m src.verify_decision cac48ce8-8961-43cb-808d-fd7724bc0a0c
How verification works. The “Row integrity” check above is computed in your browser — your machine recomputes the SHA-256 of the canonical bytes and compares against the stored hash. No avoid.net server can fake that check. The “full verify” link goes one level deeper: your browser fetches the on-chain transaction from a Solana RPC node and confirms the same hash is in the memo. If you don’t want to trust either avoid.net or the public RPC, run the CLI verifier on your own machine — python -m src.verify_decision <event_id>.