Banks Steps Down As CEO of FaZe Clan As $MLG Crypto Coin Scandal Fallout Continues

Banks Steps Down As CEO of FaZe Clan As $MLG Crypto Coin Scandal Fallout Continues

Source: Andrew Toth / Getty FaZe Clan, the once reputable esports and influencer company, has lost another CEO. Banks is stepping down as CEO of FaZe Clan after he was hit with accusations of scamming fans through his cryptocurrency joint venture with Adin Ross. Monday on his X account, Banks (33) wrote, “I’ve never scammed anyone a day in my fucking life. The entire narrative is unfair and part of the reason it exists is cause my ‘FaZe’ name is…

What is FaZe Banks’ real name? Parents, net worth and more about YouTuber as he steps down as FaZe CEO

FaZe Banks confirmed his plan to leave his organisation and step down as its CEO

FaZe CEO Ricky Banks Resigns Amid MLG Meme Coin Scandal

This week, the collision of the gaming community and the crypto community took place when FaZe Clan CEO Ricky Banks stepped down after his association with the meme crypto coin project, $MLG. In 2023, a research in the Journal of Financial Economics found that 70 percent of celebrity-sponsored cryptocurrencies are underperforming because of their hype and uselessness. The MLG scandal only pours into a pot that already has several dead celebrity …