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Navigating the shady world of influencer cryptocurrency giveaway scams
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Esports and entertainment collective
FaZe Clan has booted one member and suspended three others for their participation in an alleged “pump-and-dump” cryptocurrency scheme.
Longtime member
FaZe Jarvis and fellow members
FaZe Nikan and
FaZe Teeqo are suspended “until further notice,” FaZe Clan said in a statement tweeted July 1.
“FaZe Clan had absolutely no involvement with our members’ activity in the cryptocurrency space, and we strongly condemn their recent behavior,” the collective added. “The trust and respect of our fans has been, and will always be, our number one priority.”
A statement from FaZe Clan. pic.twitter.com/HnPXpAoSYX
The “recent behavior” FaZe Clan refers to is the four members’ investment in–and promotion of–the