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FaZe Clan has eliminated Kay from the group and suspended Jarvis, Nikan, and Teeqo amidst cryptocurrency drama that noticed members selling a ‘Save The Children’ altcoin earlier than reportedly ‘dumping’ their investments.
Cryptocurrency has change into a scorching matter throughout social media of late as most of the world’s largest influencers have jumped on the development to advertise varied altcoins.
One specific altcoin, referred to as the ‘Save The Children’ token, was promoted by varied members of FaZe Clan. Days after participating with this cryptocurrency, Kay has been faraway from the group, whereas three others have been suspended.
Jarvis, Nikan, and Teeqo, all of which promoted the identical token to their respective audiences, have been suspended from FaZe Clan till additional discover.
An announcement from FaZe Clan. pic.twitter.com/HnPXpAoSYX
— FaZe Clan (@FaZeClan) July 1, 2021
“FaZe Clan had completely no involvement with our member’s exercise within the cryptocurrency area,” the org’s July 1 assertion learn. “We strongly condone their current conduct. The belief and respect of our followers has been, and can all the time be, our primary precedence.”
The members in focus have been all reportedly paid to advertise the altcoin earlier than ‘dumping’ their very own investments. Not one of the social media influencers have but issued a response since FaZe Clan dropped or suspended them.
Kay’s earlier response forward of being dropped by FaZe.
“I didn’t vet any of this with my staff at FaZe and I now know I ought to have,” Kay tweeted in a June 28 apology days previous to being launched. “It was so irresponsible of me to talk publicly about any cash with out figuring out extra & figuring out now that they will do extra hurt than good.”
From YouTube stars to the largest Twitch streamers, many have latched onto the cryptocurrency development in current months. Even FaZe Clan founder and co-owner Banks promoted a singular cryptocurrency in a now deleted Could 27 publish.
FaZe has but to problem a touch upon Banks’ involvement within the crypto cash.
Banks was not talked about in FaZe Clan’s July 1 assertion.
Kay was a longstanding member of FaZe Clan, having joined the group in 2013. His youthful brother Jarvis is a newer addition, having come on board in 2019.
In the meantime, each Nikan and Teeqo are closing in on a decade with FaZe Clan.
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