[ad_1]
Disgraced former FaZe Clan member Kay has addressed the crypto rip-off controversy that led to his dismissal, claiming the creator “abused his belief with [him] to rip-off everyone,” in addition to asking followers to “not consider what you’re listening to on-line.”
Kay was amongst 4 FaZe Clan members concerned within the SaveTheKids crypto “pump and dump” scheme. The quartet marketed the token and instructed their followers to purchase it earlier than the worth of the coin plummeted to almost 10% of its unique worth.
Jarvis, Nikan, and Teeqo have been suspended from FaZe Clan indefinitely, however Kay was given the boot fully.
Nevertheless, he’s now damaged his silence because the allegations have been leveled, claiming he was additionally caught up within the rip-off and requested his followers to “please not consider what you’re listening to on-line.”
“All of those folks making movies assume that they know the reality they usually know who’s accountable after they simply don’t. Right here’s the reality: I misplaced cash on SaveTheKids token, however what truly upsets me essentially the most is that anyone else was harm,” he mentioned in a July 9 video.
Kay was part of FaZe Clan for eight years earlier than his dismissal.
Kay launches investigation into SaveTheKids “con man”
Kay himself has employed a crew to conduct a “very thorough, unbiased, and aggressive investigation to search out out precisely what occurred” with the SaveTheKids token launch.
“We’ve uncovered important proof {that a} dishonest particular person abused his belief with me to rip-off everyone,” he mentioned.
“This particular person gained my belief and the belief of my mates whereas nonetheless encouraging us to be the general public faces of his scheme. He then abused that belief to change the code proper earlier than launch, leading to six-figure income for him and for the remainder of us to be blamed.”
He requested his followers to return ahead with any proof they might have in the event that they invested within the token themselves.
“We need to present the authorities with all of the proof they should take correct motion, and along with your assist, we are able to maintain them accountable and ensure he’s by no means in a position to do that form of factor once more.
“You’ll by no means know the way a lot I recognize all your assist, and a technique I will pay that ahead is that this con man will get the justice he deserves.”
It comes after consultants, on prime of group proprietor FaZe Banks, mentioned the 4 members may very well be arrested for charity fraud and cash laundering over their involvement.
Banks denied figuring out concerning the funding earlier than the allegations have been launched.
[ad_2]
Source link
