FaZe Clan, an esports organization based in Los Angeles, has fired one of its members and suspended three following allegations they wittingly promoted an alleged crypto scam.
According to a statement from the organization on Thursday, Frazier âKayâ Khattri got the boot, while Jarvis Khattri, Nikan Nadim and Jakob Teeqo have been suspended until further notice.
âFaZe Clan had absolutely no involvement with our membersâ activity in the cryptocurrency space,â the statement reads. âWe strongly condemn their recent behavior. The trust and respect of our fans has been, and will always be, our number one priority.â
Accusations stem from the membersâ purported promotion of the project âSave The Kidsâ and its token, where they were reportedly paid to promote the altcoin before âdumpingâ their investments onto the market.
YouTube channel Coffeezilla alleges the members knew the project was a scam ahead of time, despite claiming plausible deniability, and are now attempting to cover up their wrongdoing.
Coffeezilla alleges through âhard proofâ that the project and its token werenât designed to help kids but instead were designed from the âoutsetâ to extract money from influencerâs fans.