Mike McDonald Suspects Past Associate as BALD Meme Coin Rug Puller
A Twitter user named Mike McDonald has raised suspicions that the individual behind the recent rug pull of the BALD meme coin may be a past associate of his. McDonald claims that the address through which he received payment after winning a $50,000 bet in 2021 is linked to the BALD meme coin’s deployer. This deployer allegedly pulled 1,034 Ethereum in liquidity just days after the coin’s value skyrocketed by 40,000%. McDonald believes that the person operating the Twitter account @milkyway16eth, who settled the bet with him, may be using stolen funds.
Main Points:
- Mike McDonald suspects @milkyway16eth as the potential BALD meme coin deployer
- McDonald won $50,000 from a bet with @milkyway16eth in 2021
- ZachXBT, a crypto sleuth, linked the payment address to the recent BALD rug pull
- The real identity of @milkyway16eth is still unknown, as the account has gone private
- Speculation has arisen about the involvement of former FTX CEO Sam Bankman-Fried
It is important to note that the true identity of the @milkyway16eth account owner is still unknown, as the account has become private. However, screenshots shared by ZachXBT reveal that the account had been running a poll on whether Coinbase should list BALD if the meme coin’s deployer was not associated with the exchange. The crypto community has been speculating on the identity of the person behind BALD, with some suggesting it may be Sam Bankman-Fried, while others, like Tiffany Fong, have disputed this theory.
Hot Take: The investigation into the BALD meme coin rug pull continues, with new suspicions emerging about the possible involvement of a past associate. The crypto community remains intrigued by the mystery surrounding the identity of the BALD meme coin deployer and the motives behind their actions.
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