E-sports group FaZe Clan is distancing itself from gamers accused of running a ‘pump and dump’ crypto scam

The crypto currency industry is no stranger to influencers. We’ll already seen how the markets move whenever Musk makes a declaration on Twitter.

However, not every influencer has the best interests of their followers at heart. Many have been seen promoting altcoins – also called sh**coins or meme coins – which later end up being ‘pump and dump schemes’.

And, FaZe Clan member FaZe Kay has been accused of doing this not just once but on multiple occasions. The e-sports group has now kicked him off their squad.