FaZe Banks calls out YouTube in the midst of SMOSH parent company shutdown FaZe Banks has singled out YouTube for the alleged loss of $100,000 to an unnamed creator, who was reportedly under the Defy Media umbrella. Parent company to massive YouTube comedy channel SMOSH, Defy Media, closed its doors without warning on November 6 \u2013 leaving a number of its YouTubers without financial security. Content creator FaZe Banks has since taken issue with YouTube, itself, citing a major financial loss to one of his friends due to the debacle. A good friend of mine basically got $100,000 stolen from him too. There\u2019s gotta be some sort of class action lawsuit somewhere in this mess. I\u2019m guessing a couple million dollars in revenue was straight up stolen. It\u2019s fucked. \u2014 FaZe Banks (@Banks) November 12, 2018 According to Banks, a good friend of his lost $100,000 in revenue because of Defy\u2019s shutdown \u2013 and Banks feels that there could be a \u2018class action lawsuit\u2019 in order. \u201cA good friend of mine basically got $100,000 stolen from him, too,\u201d Banks said in reply to YouTuber Shane Dawson, who has also been outspoken about Defy\u2019s closure. \u201c\u2026There\u2019s gotta be some sort of class action lawsuit somewhere in this mess.\u201d Yea and they’re a family channel too, long videos.. You already know that by itself is creeping up to the millions mark. It’s actually really fucked. I feel like YouTube should be held accountable to some extent. This kinda shit fucks up lives. \u2014 FaZe Banks (@Banks) November 12, 2018 Banks then went on to describe his friend\u2019s channel as a \u2018family channel,\u2019 claiming that he could have even lost \u2018millions.\u2019 \u201c\u2026I feel like YouTube should be held accountable to some extent,\u201d he continued. \u201cThis kinda shit fucks up lives.\u201d While Banks feels that YouTube should be responsible for some part of the scandal, the platform has since come out in apparent support of the affected creators, in what they call a \u2018process\u2019 to help them \u2018regain their independence.\u2019 Since Defy\u2019s shutdown, the company has been slammed with a number of allegations, including \u2018taking advantage\u2019 of its YouTubers, withholding funds, and more.<\/p>\n","protected":false},"excerpt":{"rendered":"
FaZe Banks calls out YouTube in the midst of SMOSH parent company shutdown FaZe Banks has singled out YouTube for the alleged loss of $100,000 to an unnamed creator, who was reportedly under the Defy Media umbrella. Parent company to massive YouTube comedy channel SMOSH, Defy Media, closed its doors without warning on November 6 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-48466","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/48466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=48466"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/48466\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=48466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=48466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=48466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}