Alright, I've been sitting on this news all day, but let's look at the @BaldBaseBald deployer.
This is definitely someone from Alameda, but I don't think we can safely say that this is @SBF_FTX (even though he is a psycho)
Let's go👇
2/12
I started the morning by making sure that he is not a Coinbase insider, despite the mention of the address (0xccFa05) as the largest holder on DeFi governance forums
Upon closer inspection, one could find that cbETH was not minted by Coinbase, but was bought on Uniswap v3
3/12
Despite the incredible amount of funds the address held, the leading exchanges used were Binance, FTX, Coinbase
Nothing out of the ordinary, right?
It could be anyone, so I went to see if any previous addresses were associated with exchange accounts
For more than a week, someone has been trying to carry out a governance attack on @SwerveFinance (a dead Curve clone) and steal $1M+ in various stablecoins
Let’s figure out why he didn’t succeed and also find out who the exploiter is👇