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

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William Banks, a comic identified for his unconventional humor, has stirred controversy after launching and rapidly abandoning a Solana


SOL

$130.94

meme coin.

Nonetheless, in line with a February 24 put up on X, Banks claims his purpose was to boost funds for humanitarian support in Palestine, sharing proof of $50,000 in donations.

His involvement with Solana meme cash got here after a viral video by which he pretended to flee from jail by crawling by 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 referred to as White Moses (MOSES) by Pump.enjoyable. The token’s worth skyrocketed, reaching a peak market cap of $257,000 inside an hour earlier than the creator’s pockets abruptly bought off its holdings. This prompted the token’s worth 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 gave the impression to be receipts for 5 separate $10,000 donations to charities aiding Palestinians. A few of these funds have been acknowledged by the charities’ official pages.

Some see him as a scammer who misled buyers, 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 instantly rug-pull a bunch of crypto bros to donate the cash to Palestine… he is perhaps 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 referred to as “Bitcoin


BTC

$79,078.90

Jesus”. What did he say? Learn the complete 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 Battle II period.With near a decade of expertise within the FinTech business, Aaron understands all the greatest 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 business newcomers.Aaron is the go-to particular person for all the pieces and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to remodel the house as we all know it, and make it extra approachable to finish novices.Aaron has been quoted by a number of established retailers, and is a printed creator himself. Even throughout his free time, he enjoys researching the market developments, and in search of the following supernova.



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Tags: BanksCoinDumpsMemePalestineSendsWilliam
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