FaZe clan kicks one member, suspends three more over crypto scam

FaZe clan has suspended 3 members and booted one entirely over their involvement in a shady “pump and dump” cryptocurrency scheme.

In June, FaZe members Kay, Jarvis, Nikan and Teeqo were involved in the launch of an alt-coin (an alternative to things like Bitcoin and Ethereum) called Save The Kids. The big sell for this particular token was the promise that a percentage of proceeds from sales would go to charity, and Kotaku reports that the coin attracted plenty of influencers.