Rumors spread that SBF is tied to the $BALD rugpull

[rybako]

Anyone got in $BALD? I hope not. On-chain data (https://twitter.com/redactedp4mp/status/1686095057143881729) suggest interactions between the meme coin BALD’s deployer contract and one of the wallets tagged by Nansen as belonging to Alameda Research - the trading company founded and controlled by Sam. The data was cited by several blockchain sleuths on X (Twitter) and later validated by CoinDesk.

I got in $BALD and I regret it. It was a degen play and only invested what I could afford to lose. Nevertheless a loss is a loss. Oh well. Moving onto the next shitcoin...

[1714975047]

1714975047

[mich]

Well now SBF has some more problems he is going to deal with. He has been sent back to US jail after judge said he was witness tampering and his bail was revoked. 

And it was only 1 hour after the judges decision that SBF has appealed it. https://www.reuters.com/legal/ftxs-bankman-fried-seeking-avoid-jail-due-back-court-2023-08-11/

[alexforneus]

Looks like SBF/FTX is connected with almost any altcoin more or less. This exchange was too big to fail

[DeathAngel]

It wouldn’t surprise me, SBF is a guy who doesn't care about anybody else. He’s a massive criminal, one of the worst fraudsters of the last 20 years or more.

I just hope he gets a long prison sentence as some sort of justice for the pain & suffering he put so many people through.

[Jating]

It wouldn’t surprise me, SBF is a guy who doesn't care about anybody else. He’s a massive criminal, one of the worst fraudsters of the last 20 years or more.

I just hope he gets a long prison sentence as some sort of justice for the pain & suffering he put so many people through.

I agree, I wouldn't be surprised is they can find a rabbit hole full of altcoins that has been involved as some point to the wallet of SBF/FTX. And if you look at it, seems to be well orchestrated from the very beginning.

And hopefully, there will be no whitewash here as it involved politicians as well as far as I understand. And it should be fair as well, no extra privilege for this criminals who run out of billions of investors money.

[Xal0lex]

Another memcoin scam has successfully defrauded many gullible gambling investors and escaped with their money. Another developer got rich at the expense of ludomaniacs. Nothing changes in the crypto world and even if the market swallows another 1,000,000 projects like BALD, I doubt that something will change in the minds of investors and they will stop participating in such scams. There is no limit to human greed.

[justdimin]

Another memcoin scam has successfully defrauded many gullible gambling investors and escaped with their money. Another developer got rich at the expense of ludomaniacs. Nothing changes in the crypto world and even if the market swallows another 1,000,000 projects like BALD, I doubt that something will change in the minds of investors and they will stop participating in such scams. There is no limit to human greed.

Even if not a scam, meme coins are still a risky kind of an investment but it's only better if it's legit because investors can get lucky and earn more. If not, they can still sell their asset for some money. They are not coming home with a zero amount.

Just don't stress yourself about these losers because I think many of them already accepted or expected it and they don't feel bad about their losses. They are only gambling in meme coins in hopes of earning a quick and easy profit. What is only crazy about this meme coin here is that Scam Bankman Fried is said to be involved with it. I thought the guy is already rotten in prison? What the fvk? Lol.

[ryzaadit]

It's just a rumor and can't really prove it at all.

No need SBF to scam us, It's meme token already got a predictable move. Most of them will ending (0, scam, or abandoned) once reached the all-time high. So, without SBF we already got already potential lose.

If you trading meme token.

[Coyster]

I got in $BALD and I regret it. It was a degen play and only invested what I could afford to lose. Nevertheless a loss is a loss. Oh well. Moving onto the next shitcoin...

Well, you just said you're moving on to the next shitcoin, rinse and repeat. Tbh, i've lost sympathy for people who lose funds to these meme coins and shitcoins, because it is obvious they know the risks and what they are doing, just like the op here.

Developers won't stop creating these scam coins because they find it easy to allure victims, people want to become rich overnight, they want to invest in a shady project that has no actual utility to see if they can make money out of it, of course shady developers would create it for them and in the end ennrich themselves due to the avarice of people, it is a never ending cycle.

[Wakate]

Anyone got in $BALD? I hope not.

I got in $BALD and I regret it. It was a degen play and only invested what I could afford to lose. Nevertheless a loss is a loss. Oh well. Moving onto the next shitcoin...

Wow, it is so surprising that you quickly moved on leaving all your regrets in one corner which is the way an investor need to do things since we are meant to invest what we know we can afford to lose. We need to play safe as an investor so that we are not going to keep blaming ourselves for mistakes we made based on our decisions. What is lost is lost and there is no way we can get it back. The cryptocurrency market is very risky and we need to watch well and scrutinize our decisions before we go in fully investing in the cryptocurrency market.

[Victorik]

Why am I not surprised to hear this? Seems the guy SBF will be spending a very long time behind bars, guy is a crook and deserves to rot in jail after all the pain he made people suffer.

[TimeTeller]

It's just a rumor and can't really prove it at all.

No need SBF to scam us, It's meme token already got a predictable move. Most of them will ending (0, scam, or abandoned) once reached the all-time high. So, without SBF we already got already potential lose.

If you trading meme token.

Whether he is tied on this project or not, better be scrutinizing every token that you will get involved with.
It won't be a surprise if he is part of it though. However, each project has the tendency to rugpull.
You have no valid proof if he is into this project. But we can always move on and find valuable ones.
There are a lot more scammers other than SBF. Remember, most of them are anonymous.

[Hispo]

Why am I not surprised to hear this? Seems the guy SBF will be spending a very long time behind bars, guy is a crook and deserves to rot in jail after all the pain he made people suffer.

I have actually not heard anything about him in a while, by the way.
Last time I checked he was living comfortably in his house, but wearing a localizing ankle device until he day of his trial comes.

He definitely deserves spending some years behind bars, but keeping in mind the privileged position he has had for years, I would not be surprised if he managed to slip away from his problems, by the time it happens, there would be few people to notice, the community would have moved on.

Quite appropriate a shitcoin scammer ended up being a professional exchange scammer, Do Kwon would be proud of him. They both should be cellmates.

[adaseb]

I don’t think it was SBF but I think it was someone from within Alameda however. They are pretty much involved in everything, well at least they were.

And I don’t think it’s smart of them to basically keep on trading, especially with funds that are not theirs. Either way SBF is in jail at the moment and hopefully won’t be released anytime soon.

[cryptoaddictchie]

Apparently the issue is favoring the deployer was SBF but in anycase how can we prove its him? It could be anyone from their team or heads in the company. Or course the first suspect would be its founder obviously but with bald developer action, it seems like they really try to game the system on base network and rekt a lot of users by removing huge portion of liquidity. Many have gain for those who arent greedy but some losses on this degen play. Well thats how degen works anyway but this particular dev is quite greedy and trickster at all.

Well if its SBF then damn him to steal funds in that approach.

[mich]

Well now its more problems for SBF. Now he is being accused of using $100 Million for political dentations. These were stolen funds from the ftx customers.
He told 2 employees to not reveal where contributions came from. And to evade donation limits.
https://www.forbes.com/sites/willskipworth/2023/08/14/sam-bankman-fried-accused-of-using-100-million-in-stolen-funds-on-political-donations/?sh=3a556c7485d6

[Vickysagar]

If it would be him it would be hilarious. I wasn't involved either in LUNA or BALD, but imagine being scammed twice by the same man.

[Xal0lex]

Another memcoin scam has successfully defrauded many gullible gambling investors and escaped with their money. Another developer got rich at the expense of ludomaniacs. Nothing changes in the crypto world and even if the market swallows another 1,000,000 projects like BALD, I doubt that something will change in the minds of investors and they will stop participating in such scams. There is no limit to human greed.

Even if not a scam, meme coins are still a risky kind of an investment but it's only better if it's legit because investors can get lucky and earn more. If not, they can still sell their asset for some money. They are not coming home with a zero amount.

Just don't stress yourself about these losers because I think many of them already accepted or expected it and they don't feel bad about their losses. They are only gambling in meme coins in hopes of earning a quick and easy profit. What is only crazy about this meme coin here is that Scam Bankman Fried is said to be involved with it. I thought the guy is already rotten in prison? What the fvk? Lol.

I am absolutely not worried about other people's stupid decisions. It's their experience and their money. I would be less worried about anything memcoin related if memcoin activity didn't interfere with the normal and healthy activities of normal users of various networks. These shitcoins are cluttering up mempools and making commissions very high. If there was less of this scam, I as a user wouldn't have to pay super high commissions this spring. All these NFT's, memcoins and other useless shitcoins are making the networks difficult for all users.

[Victorik]

Why am I not surprised to hear this? Seems the guy SBF will be spending a very long time behind bars, guy is a crook and deserves to rot in jail after all the pain he made people suffer.

I have actually not heard anything about him in a while, by the way.
Last time I checked he was living comfortably in his house, but wearing a localizing ankle device until he day of his trial comes.

He definitely deserves spending some years behind bars, but keeping in mind the privileged position he has had for years, I would not be surprised if he managed to slip away from his problems, by the time it happens, there would be few people to notice, the community would have moved on.

Quite appropriate a shitcoin scammer ended up being a professional exchange scammer, Do Kwon would be proud of him. They both should be cellmates.

Seeing these two walk free will be a travesty of justice. They don't deserve freedom. For everyone they have made to suffer, do should suffer, but then, this is the irony of life; those who should be paying for the sins they have committed are receiving a tap on their back treatment.

[blockman]

SBF is like an untouchable guy because of how the proceedings go with him against the case he's got with the FTX. And with his involvement with BALD, I don't even know if there is something that will happen on it.

I got in $BALD and I regret it. It was a degen play and only invested what I could afford to lose. Nevertheless a loss is a loss. Oh well. Moving onto the next shitcoin...

That's sad, that's really how it is when we're investing in projects like this. We'll never know if they'll do good in the near future or if they're there just to scam people. Lesson learned and we have to move on and proceed to the next project that we'll invest so, be careful next time and hopefully it won't happen again.