Faze Clan goes public in $725 million SPAC deal

But the company has hit some challenges since it was founded in 2010. Faze settled a lawsuit with Twitch streamer Tfue, who was at one point signed with Faze and had alleged that the company had been financially exploiting him. The company also cut ties with former Miami Heat player Meyers Leonard after he used

But the company has hit some challenges since it was founded in 2010. Faze settled a lawsuit with Twitch streamer Tfue, who was at one point signed with Faze and had alleged that the company had been financially exploiting him. The company also cut ties with former Miami Heat player Meyers Leonard after he used an anti-Semitic slur during a Twitch stream.

Going forward, Faze has its sights set even further outside of gaming. CEO Lee Trink told The Washington Post that Faze is exploring ideas like gambling, ghost kitchens, and fan clubs and possible partnerships with Web3 companies.

Update July 20th, 2:30PM ET: We’ve clarified that Leonard used an anti-Semitic slur.

ncG1vNJzZmivp6x7tbTEr5yrn5VjsLC5jmtna2pfbHxzfI5ramtvYWl%2BdXvFmrGeZZOhrq95z66ZpaGTYsCxrcJmm56ZnGK6pr7Gnqk%3D

 Share!