{"id":19171,"date":"2021-07-09T13:02:08","date_gmt":"2021-07-09T13:02:08","guid":{"rendered":"https:\/\/www.ginx.tv\/jail-time-may-be-on-the-cards-for-faze-members-involved-in-crypto-scam"},"modified":"2024-07-19T12:33:56","modified_gmt":"2024-07-19T12:33:56","slug":"jail-time-may-be-on-the-cards-for-faze-members-involved-in-crypto-scam","status":"publish","type":"post","link":"https:\/\/www.ginx.tv\/en\/jail-time-may-be-on-the-cards-for-faze-members-involved-in-crypto-scam","title":{"rendered":"Jail time may be on the cards for FaZe members involved in crypto scam"},"content":{"rendered":"

FaZe Clan has been in the news recently and for all the wrong reasons. It was recently revealed that several of its members and affiliates were engaged in a cryptocurrency “pump and dump” scam<\/a>. The FaZe members that were implicated included Frazier “Kay” Khattri (who is alleged to have led the operation), Jarvis “Jarvis” Khattri, Nikan “Nikan” Nadim and Jakob “Teeqo”. FaZe Kay was fired from the organization, whilst the others have been suspended indefinitely, pending further investigation. <\/p>\n

Co-founder, Richard “FaZe Banks<\/a>” Bengston, previously came forward to insist that he had no knowledge<\/a> of the “Save The Kids” scam operation. This was despite allegations that he had “pumped and dumped” a different altcoin in the past (namely, $BSocial). <\/p>\n

$BSocial: “No Hard Feelings” FaZe Banks<\/h2>\n

In a tweet posted by Jake Lucky on the 9th of July, the irony regarding FaZe Banks’s involvement with the Bank Social altcoin was highlighted. The tweet read:<\/p>\n