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FaZe Clan CEO Banks stepped down on July 29 following backlash over the failed meme coin MLG Crypto, which saw a dramatic price crash after initial hype. The post Meme Coin MLG Crypto Scam: FaZe Banks Resigns as CEO of FaZe Clan appeared first on...

The cryptocurrency community went aghast after Ricky Banks, CEO of FaZe, stepped down amid the MLG scandal. The meme coin was highly promoted in early 2025 by Banks along with streamer Adin Ross and other FaZe members. Though the coin experienced a...