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This Week on Crypto Twitter: SBF Accused of Executing Massive Rug Pull from House Arrest
While most of the leading coins posted light to moderately heavy losses over the week due to the scarcity of regulatory or institutional news, crypto Twitter was ablaze with rumors that disgraced former FTX CEO Sam Bankman-Fried had rug pulled a memecoin from house arrest. Scimitar Capital analyst Alex, who tweets using the handle @thiccythot_, analyzed on-chain activity to piece together the crazy story of the week’s most scandalous rug pull. It happened on Coinbase’s new Layer 2 blockchain, Base, which is built on the Ethereum extension, Optimism. tweet A lot of people thought it was SBF: tweets Crypto ... (full story)