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William Banks Dumps Meme Coin, Sends $50,000 to Palestine

8 months ago
in Blockchain
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William Banks, a comic identified for his unconventional humor, has stirred controversy after launching and rapidly abandoning a Solana


SOL

$150.15

meme coin.

Nonetheless, based on a February 24 submit on X, Banks claims his aim was to lift funds for humanitarian assist in Palestine, sharing proof of $50,000 in donations.

His involvement with Solana meme cash got here after a viral video through which he pretended to flee from jail by crawling by way of a fence. The clip gained greater than 20 million views on X.

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Following the viral video, Banks launched a meme coin known as White Moses (MOSES) by way of Pump.enjoyable. The token’s worth skyrocketed, reaching a peak market cap of $257,000 inside an hour earlier than the creator’s pockets out of the blue bought off its holdings. This brought on the token’s value to crash, resulting in accusations that Banks had orchestrated a rug pull.

Banks later deleted all posts selling the coin and said that he had raised $50,000 from the venture. He then shared what seemed to be receipts for 5 separate $10,000 donations to charities helping Palestinians. A few of these funds had been acknowledged by the charities’ official pages.

Some see him as a scammer who misled traders, whereas others view him as a contemporary Robin Hood who takes from crypto merchants to assist a trigger. Political commentator Eden Riley posted on X:

He escaped from jail solely to right away rug-pull a bunch of crypto bros to donate the cash to Palestine… he may be the best to ever do it.

In the meantime, Ross Ulbricht, the previous operator of Silk Highway, just lately spoke out in assist of Roger Ver, also called “Bitcoin


BTC

$85,970.46

Jesus”. What did he say? Learn the total story.

Aaron S. Editor-In-Chief

Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Warfare II period.With near a decade of expertise within the FinTech trade, Aaron understands all the largest points and struggles that crypto fanatics face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to particular person for the whole lot and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to remodel the house as we all know it, and make it extra approachable to finish rookies.Aaron has been quoted by a number of established retailers, and is a broadcast writer himself. Even throughout his free time, he enjoys researching the market tendencies, and in search of the following supernova.



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Tags: banksCoindumpsMemePalestinesendsWilliam
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