William Banks, a comic recognized for his unconventional humor, has stirred controversy after launching and rapidly abandoning a Solana
$143.74
meme coin.
Nevertheless, in accordance with a February 24 put up on X, Banks claims his purpose was to boost funds for humanitarian help 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 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 all of the sudden bought off its holdings. This brought about 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 acknowledged that he had raised $50,000 from the mission. 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 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 right away 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, lately spoke out in assist of Roger Ver, also referred to 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 Battle II period.With near a decade of expertise within the FinTech trade, Aaron understands the entire largest points and struggles that crypto lovers 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 individual for all the things 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 novices.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 on the lookout for the following supernova.
