{"id":48603,"date":"2025-01-28T17:27:35","date_gmt":"2025-01-28T17:27:35","guid":{"rendered":"https:\/\/dejan.au\/index.php\/2025\/01\/28\/faze-kay-speaks-out-after-crypto-scam-allegations-dont-believe-what-youre-hearing-dexerto\/"},"modified":"2025-01-28T17:27:35","modified_gmt":"2025-01-28T17:27:35","slug":"faze-kay-speaks-out-after-crypto-scam-allegations-dont-believe-what-youre-hearing-dexerto","status":"publish","type":"post","link":"https:\/\/dejan.au\/index.php\/2025\/01\/28\/faze-kay-speaks-out-after-crypto-scam-allegations-dont-believe-what-youre-hearing-dexerto\/","title":{"rendered":"FaZe Kay speaks out after crypto scam allegations: \u201cDon\u2019t believe what you\u2019re hearing\u201d &#8211; Dexerto"},"content":{"rendered":"<p>FaZe Kay speaks out after crypto scam allegations: \u201cDon\u2019t believe what you\u2019re hearing\u201d YouTube: KayDisgraced former FaZe Clan member Kay has addressed the crypto scam controversy that led to his dismissal, claiming the creator \u201cabused his trust with [him] to scam everybody,\u201d as well as asking fans to \u201cnot believe what you\u2019re hearing online.\u201d Kay was among four FaZe Clan members involved in the alleged SaveTheKids crypto \u201cpump and dump\u201d scheme. The quartet advertised the token and told their fans to buy it before the value of the coin plummeted to nearly 10% of its original value. Jarvis, Nikan, and Teeqo were suspended from FaZe Clan indefinitely, but Kay was given the boot entirely. However, he\u2019s now broken his silence since the allegations were leveled, claiming he was also caught up in the scam and asked his fans to \u201cplease not believe what you\u2019re hearing online.\u201d \u201cAll of these people making videos think that they know the truth and they know who\u2019s responsible when they just don\u2019t. Here\u2019s the truth: I lost money on SaveTheKids token, but what actually upsets me the most is that anybody else was hurt,\u201d he said in a July 9 video. Kay launches investigation into SaveTheKids \u201ccon man\u201d Kay himself has hired a team to conduct a \u201cvery thorough, independent, and aggressive investigation to find out exactly what happened\u201d with the SaveTheKids token launch. \u201cWe\u2019ve uncovered significant evidence that a dishonest person abused his trust with me to scam everybody,\u201d he said. \u201cThis person gained my trust and the trust of my friends while still encouraging us to be the public faces of his scheme. He then abused that trust to alter the code right before launch, resulting in six-figure profits for him and for the rest of us to be blamed.\u201d He asked his fans to come forward with any evidence they may have if they invested in the token themselves. \u201cWe want to provide the authorities with all the evidence they need to take proper action, and with your help, we can hold them accountable and make sure he\u2019s never able to do this sort of thing again. \u201cYou will never know how much I appreciate all of your support, and one way I can pay that forward is that this con man gets the justice he deserves.\u201d It comes after experts, on top of organization owner FaZe Banks, said the four members could be arrested for charity fraud and money laundering over their involvement. Banks denied knowing about the investment before the allegations were released.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FaZe Kay speaks out after crypto scam allegations: \u201cDon\u2019t believe what you\u2019re hearing\u201d YouTube: KayDisgraced former FaZe Clan member Kay has addressed the crypto scam controversy that led to his dismissal, claiming the creator \u201cabused his trust with [him] to scam everybody,\u201d as well as asking fans to \u201cnot believe what you\u2019re hearing online.\u201d Kay [&hellip;]<\/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-48603","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/48603","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=48603"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/48603\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=48603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=48603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=48603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}