Frazier Kay reveals how much Save the Kids NFT scandal cost him YouTube: Frazier KayFormer FaZe Clan member Frazier Kay was removed from the org and slammed by fans following his involvement in \u2018Save the Kids\u2019, a crypto project that was later accused of being a rug pull. Kay claims the fallout from the scam has cost him up to $500,000. In July 2021, Kay was released from FaZe, while his brother Jarvis was suspended, along with Teeqo and Nikan for their involvement in Save the Kids. The org said they \u201chad absolutely no involvement with our member\u2019s activity in the cryptocurrency space.\u201d Kay responded approximately a month later, and although admitting his involvement was irresponsible, he largely blamed Sam Pepper, a content creator who had been working as FaZe\u2019s head of content at the time. Kay said he trusted Sam on the Save the Kids \u201cdisaster.\u201d At the time, Kay also committed to paying back everyone who lost money on the project, also revealing that he had personally lost $37,000, and that no FaZe member had profited from it. In the latest Dexerto Originals, Kay has now opened up on exactly how much those refunds cost him. According to Kay, the total amount sent in refunds amounts to $400,000\u2013500,000. \u201cI think what differentiates me from what people call a \u2018scammer\u2019, is I paid everybody back. In USD, it was probably close to four, five hundred thousand.\u201d Topic starts at 15:30 Dexerto was able to corroborate at least $250,000 left Kay\u2019s account, although could not verify the recipients. Of course, in addition to the financial losses, Kay\u2019s biggest loss was perhaps his position in FaZe Clan. Although it seems unlikely he will ever be able to return, Kay said he would like to return someday. Regardless, he plans to continue creating content on his various channels, alongside his brother and longtime collaborator Jarvis \u2013 who is now also pursuing a boxing career.<\/p>\n","protected":false},"excerpt":{"rendered":"
Frazier Kay reveals how much Save the Kids NFT scandal cost him YouTube: Frazier KayFormer FaZe Clan member Frazier Kay was removed from the org and slammed by fans following his involvement in \u2018Save the Kids\u2019, a crypto project that was later accused of being a rug pull. Kay claims the fallout from the scam […]<\/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-48935","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/48935","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=48935"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/48935\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=48935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=48935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=48935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}