From Wiktionary, the free dictionary
Blend of wannabe + gangsta, and simultaneously also evocative of wanker.
wanksta (plural wankstas)
- (slang, derogatory) A person who pretends to be a member of an urban gang or affects hip-hop styles and attitudes; a gangster poseur.
- Synonym: wankster
- Hypernym: wanker
2004, Eric Jerome Dickey, Naughty or Nice, New American Library, →ISBN, page 37:That was where the chickenheads and wankstas hung out, sporting Sean John, Rocawear, Enyce, and Phat Farm like ghetto-fab Italian suits.
2008, Alex Wheatle, The Dirty South, Serpent's Tail, →ISBN, page 49:And my heart's desire wasn't to be known as some fake wanksta or a spoilt little rich kid.
2011, Miles White, From Jim Crow to Jay-Z: Race, Rap, and the Performance of Masculinity, University of Illinois Press, →ISBN, page 125:Nearly two hundred years separate Jim Crow from Vanilla Ice, The (White) Rapper Show, Eminem, the Beastie Boys, and a legion of other wanksta wiggers.