William Banks, a comic recognized for his unconventional humor, has stirred controversy after launching and shortly abandoning a Solana
$143.74
meme coin.
Nonetheless, in line with a February 24 publish 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 through which he pretended to flee from jail by crawling via a fence. The clip gained greater than 20 million views on X.
Do you know?
Subscribe – We publish new crypto explainer movies each week!
How Can You Earn Cash With Axie Infinity? (AXS Animated Explainer)
Following the viral video, Banks launched a meme coin referred to as White Moses (MOSES) via Pump.enjoyable. The token’s worth skyrocketed, reaching a peak market cap of $257,000 inside an hour earlier than the creator’s pockets all of a sudden offered off its holdings. This induced 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 acknowledged that he had raised $50,000 from the challenge. He then shared what gave the impression to be receipts for 5 separate $10,000 donations to charities helping 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 help 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 Street, not too long ago spoke out in help of Roger Ver, often known as “Bitcoin
$86,268.76
Jesus”. What did he say? Learn the complete story.
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 Conflict II period.With near a decade of expertise within the FinTech business, Aaron understands all the largest points and struggles that crypto fans 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 schooling, Aaron strives to remodel the area as we all know it, and make it extra approachable to finish rookies.Aaron has been quoted by a number of established shops, and is a printed creator himself. Even throughout his free time, he enjoys researching the market developments, and searching for the subsequent supernova.
