The year 2023 has not been lenient towards many eSports organizations. Many prominent franchises that are considered giants in the business faced some massive backlashes on the economic front. The sudden layoffs at the Guard really shocked the gaming community. But what has been even more confusing and nerve-racking is regarding FaZe Clan.
The popular American organization had its stocks crashing like Jenga, causing massive upsets and layoffs. There have been many speculations regarding the cause, but none were confirmed or denied. Amidst this, OG members like FaZe Banks came lashing out against the corporate figures who are supposedly the cause of the downfall.
FaZe Clan member Banks lashes out against the ‘plotting corporates’
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The popular NA organization has seen better days. The current state and pace at which FaZe is going are worrisome, both for the fans and its members. Even Snoop Dogg relieved himself from his position after all these turmoils started happening.
Amidst all these, FaZe Banks who has been with the organization since 2013 came out calling the corporate figures at FaZe who are ruining the clan. According to him, the corporate side of the organization is the one responsible for the current state.
Idk what all these corporate fucks think they're doing, weighing options. Plotting. Doing whatever the fuck it is they've been doing, but the answer is very simple. Give us our brand back, you stole it in the first place. It goes to zero otherwise. You have no idea what FaZe is.
— FaZe Banks (@Banks) April 15, 2023
His arguments come right after the many causes that were stated by FaZe Rain in his recent YouTube video. Though there are many claims currently stated by different body members of the company, we are still under dark clouds regarding the issue that caused this financial mishap.
Interestingly, FaZe Banks answered that he or the other members did not bring/hire the people who are causing the current drama. This was stated by the internet star after someone critiqued his Tweet.
No we didn’t
— FaZe Banks (@Banks) April 16, 2023
He added more to that when a Twitter user talked about how Banks signed the papers for shares. Banks firmly confirmed through his reply that he never signed anything to anyone, and following this, he raised an allegation of stealing. Banks stated, “My shares were stolen very early in FaZe Clans development and were only reinstated 1.5 years ago.”
Never signed anything. My shares were stolen very early in FaZe Clans development and were only reinstated 1.5 years ago. Fun fact.
— FaZe Banks (@Banks) April 16, 2023
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Fans are still left with a lot of questions. The real cause is still locked under unknown doors and the internet has no clue what is the actual cause of this drama. Moreover, the netizens have polarized opinions. Some are in support of what FaZe Banks is stating, while others critique these out lashes.
All these OG members, owners and creators speaking up along with their sinking stock price, has made this whole situation seem like a pitting of old faze vs new
And some fans are confused if they sold it to begin with, how did we get here pic.twitter.com/j35mKhlrb9
— Jake Lucky (@JakeSucky) April 15, 2023
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We can only speculate at the moment regarding all these dramas. With time, more intrinsic details may reveal.
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