Meet ‪William Banks, the man who rugged $50k in crypto for Palestine and escaped from prison‬

Source Cryptopolitan

William Banks, an artist and comedian from New York, pulled off one of the most chaotic crypto stunts in history—rugging $50,000 from a meme coin, donating it to Palestine, and breaking out of jail.

Meet ‪William Banks, the man who rugged $50k in crypto for Palestine and escaped from prison‬.
William Banks posts with friends from prison. Source: William Banks X/Twitter

His name has flooded X (formerly Twitter), with some calling him a scammer and others hailing him as Robin Hood. Either way, the story is real, and it all played out in real-time on social media, proving once again that there is no place more entertaining than the crypto community.

So, who is William Banks exactly?

William, known for his unhinged performances in short films and underground comedy, made headlines in February after launching a Solana-based meme coin called White Moses (MOSES) on Pump.fun.

Investors poured money into the project, causing its market cap to skyrocket to $257,000 in under an hour. Then, just as fast, William dumped his holdings, tanking the price and leaving investors with nothing.

He later deleted all posts promoting the coin and posted on X, saying, “William Banks is Robin Hood. Thank you to the crypto community for buying my pretend memecoin and helping me to raise $50,000 for the crisis in Gaza. Free Palestine.”

Meet ‪William Banks, the man who rugged $50k in crypto for Palestine and escaped from prison‬.
The Palestinian charities William Banks donated to. Source: X/Twitter

William also shared five separate receipts showing $10,000 donations to various Palestinian charities. Some organizations confirmed receiving the money, while others were still yet to comment as of press time.

The internet went into full meltdown mode. Some accused him of fraud. Others called him a hero. Political commentator Eden Riley posted on X, “He escaped from jail only to immediately rug-pull a bunch of crypto bros to donate the money to Palestine… he might be the greatest to ever do it.”

Escaping from jail and going viral

William’s crypto stunt came just weeks after his prison escape, which was also documented on X. He had been arrested in Connecticut for allegedly stealing and throwing away five Israeli signs from people’s yards.

He was sentenced to eight months in jail in October 2024, posting before his trial, “Hey I just want to be honest with everyone. I’m facing some pretty serious charges in the state of Connecticut that could result in my imprisonment. My trial is tomorrow and I might be going away for a little bit.”

Two days later, he hilariously updated his followers: “I have terrible news. The state of Connecticut has sentenced me to 8 months in jail beginning on Nov 15. I have always tried to make the most out of my life, but today I am presented with an overwhelming challenge to overcome.”

Meet ‪William Banks, the man who rugged $50k in crypto for Palestine and escaped from prison‬.

While behind bars, William continued posting on X, gaining a cult following for his bizarre content. But what happened next defied reality. A riot broke out inside the jail, and in the chaos, William escaped.

William later posted a video reenactment, showing himself crawling under a fence, racking up over 20 million views. By the time authorities realized he was gone, he had already moved on to his next scheme—crypto. How amazing is that?

Life on the run with a girlfriend and a fanbase

Despite being a fugitive, William is still active online, and he’s not hiding. He’s been posting videos with his new girlfriend, a mystery “baddie” who appears in clips laughing, dancing, and even smoking with him.

Meet ‪William Banks, the man who rugged $50k in crypto for Palestine and escaped from prison‬.
William Banks and his girlfriend. Source: William Banks X/twitter.

Cryptopolitan would describe their content as “bizarre”, but neither us nor William’s followers can look away. And X users have mixed reactions to his chaotic rise to fame. One person wrote, “William Banks got an 8-month jail bid for stealing Israel signs out of people’s yards, does 4 months, says fuck it, becomes White Moses and orchestrates a breakout. My new greatest of all time.”

Another guy posted, “William you have to stop. You smoke too tough. Your swag is too different. Your girl is too bad. They’ll kill you.” This one guy humorously said, “Nothing against William Banks but any time I see a guy with a beautiful girlfriend I hope he gets hit by a car.”

Meet ‪William Banks, the man who rugged $50k in crypto for Palestine and escaped from prison‬.
William Banks and friend in prison.

But others believe it’s nothing but a bit, with one guy saying, “Can’t wait to watch William Banks get shot in the neck before bleeding out in an efficiency apartment on some random account’s live stream two days from now. (I’ll be smiling quietly because I’m a special smart boy and I know it’s a bit).”

Cryptopolitan has reached out to William for a comment, and will promptly publish an update if he responds. For now, the hero remains free, still posting, still dodging the law, and with a fanbase that’s watching his every move, including the author of this article.

Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Outlook 2025As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
Author  TradingKey
Jan 23, Thu
As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
placeholder
Ark Invest’s Cathie Wood Predicts Bitcoin To Hit $1.5 Million By 2030 — Here’s WhyCathie Wood, the CEO of asset management firm Ark Invest, has backed Bitcoin (BTC) to achieve a $1.5 million price point by 2030.
Author  Bitcoinist
May 19, Mon
Cathie Wood, the CEO of asset management firm Ark Invest, has backed Bitcoin (BTC) to achieve a $1.5 million price point by 2030.
placeholder
Solana Price Forecast: SOL flashes bearish signals, risks double-digit crashSolana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
Author  FXStreet
May 19, Mon
Solana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
placeholder
Ethereum Price Faces Pressure: Can It Sustain Its Recent Rally?Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support.
Author  NewsBTC
May 27, Tue
Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support.
placeholder
Dogecoin Follows Bearish June Trend With over 4% Losses – Is The Worst Over?The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
Author  Bitcoinist
Jun 09, Mon
The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
goTop
quote