Bald memecoin has potential ties with Alameda Research, Wintermute researcher finds

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Bald memecoin has potential ties with Alameda Research, Wintermute researcher finds
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Emerging on-chain data suggests potential links between the memecoin Bald's deployer and the trading company Alameda Research.

Wintermute Head of Research Igor Igamberdiev found on-chain information that the Bald memecoin developer was connected to Alameda Research.

Central to his findings is an older wallet connected to Alameda, which used the same FTX deposit address as the Bald deployer.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.As the crypto community comes to terms with Bald memecoin's apparent"rug pull" – an act that caused Bald’s market value to plummet – on-chain analysts are examining the events leading up to this moment.

The Bald token attracted significant attention within the crypto sphere last week, amassing a market cap of $85 million at its peak. The abrupt

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