William Banks, a comic recognized for his unconventional humor, has stirred controversy after launching and rapidly abandoning a Solana
$131.09
meme coin.
Nonetheless, in response to a February 24 publish on X, Banks claims his purpose was to lift 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 wherein he pretended to flee from jail by crawling by means 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 means 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 said 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 aiding 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 could be 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
$79,266.84
Jesus”. What did he say? Learn the total 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 trade, Aaron understands the entire largest points and struggles that crypto fanatics 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 trade newcomers.Aaron is the go-to particular person for every thing 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 learners.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 developments, and searching for the following supernova.
