Developer wallet tied to Polymarket user routed ~9.7 ETH to Bybit after deploying Base tokens $BRIAN and $JESSE
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On Base, investigators allege the same deployer wallet fully controlled Polymarket-linked accounts and deployed $BRIAN and $JESSE, extracting creator fees and immediately market-selling claims. Roughly 9.7 ETH was reportedly routed via a fresh burner wallet to Bybit within hours, highlighting single-key custody, no multisig, and acute rug-pull/centralization risk. This can depress near-term risk appetite toward Base-linked memecoins and related flows.
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ETH/USDT-1.36%
AI تجزیاتی سمجھ · ETH/USDTAI تجزیاتی سمجھ
▼ Bearish
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⚠️ AI سے تیار کردہ تجزیاتی سمجھ خبروں کے مواد پر مبنی ہے اور صرف معلوماتی مقاصد کے لیے فراہم کی گئی ہے۔ یہ سرمایہ کاری کا مشورہ نہیں ہے اور نہ ہی BingX کے خیالات کی نمائندگی کرتی ہے۔ سرمایہ کاری میں رسک شامل ہے۔ براہ کرم ذمہ داری سے ٹریڈ کریں۔
The article says the Base token $JESSE was deployed and fully controlled by the same developer wallet linked to a Polymarket account and the $BRIAN project. It alleges the wallet repeatedly claimed creator fees and sold each claim within a minute. About ~9.7 ETH (about $12,000) was routed through a fresh burner wallet into Bybit within two hours. The author adds they joined without auditing the contract mechanics and later concluded the project carried a centralized single-point risk with no multisig or governance constraints.