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

February 28, 2025
in Altcoin
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William Banks, a comic recognized for his unconventional humor, has stirred controversy after launching and shortly abandoning a Solana


SOL

$130.43

meme coin.

Nevertheless, in keeping with a February 24 publish on X, Banks claims his objective was to boost 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 wherein 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 referred to 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 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 traders, 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 may be the best to ever do it.

In the meantime, Ross Ulbricht, the previous operator of Silk Highway, lately spoke out in help of Roger Ver, also referred to as “Bitcoin


BTC

$79,800.56

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 Battle II period.With near a decade of expertise within the FinTech business, Aaron understands the entire greatest points and struggles that crypto fans face. He’s a passionate analyst who is worried 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 individual for the whole lot and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to rework the area as we all know it, and make it extra approachable to finish newcomers.Aaron has been quoted by a number of established retailers, and is a printed writer himself. Even throughout his free time, he enjoys researching the market tendencies, and searching for the following supernova.



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