The BALD token, which experienced an explosive surge of over 10,000% on the Coinbase-backed Base network before plummeting, triggered a storm of investigations on Twitter, with some analysts linking BALD to Alameda Research.

Igor Igamberdiev, Head of Research at Wintermute, has conducted an in-depth analysis of the BALD deployer.

No Coinbase link to Bald.

According to Igamberdiev, this individual is “definitely someone from Alameda,” but not necessarily Sam Bankman-Fried, also known as SBF, the former CEO of FTX, who is currently under house arrest.

Based on his investigation, Igamberdiev believes that Sam Trabucco, the former Alameda CEO, is behind BALD, although he has “no hard evidence” at this point.

Igamberdiev’s analysis hinged on a deep dive into the transaction activities of …