BALD Memecoin Rug Pull on Base
- Memecoins
- Scam
Anonymous deployer of BALD on Coinbase Base L2 removes over 10k ETH in liquidity causing a 90 percent price crash. On-chain data links wallets to Alameda Research sparking SBF speculation across CT. The rug pull highlights memecoin risks on new L2s.
Incident Details
- Type
- RUG PULL
- Funds Lost
- $20M
- Status
- Total loss
Token price fell over 90 percent. CT debates SBF involvement.