Faze Clan Going Public In SPAC Deal Somehow Worth $1 Billion » Scammer News

 Faze Clan Going Public In SPAC Deal Somehow Worth $1 Billion » Scammer News

A Faze Clan member

Screenshot: Faze Clan

Fresh off a big crypto scam involving a number of its members only four months ago, Faze Clan announced today that the group is about to become a publicly traded company, meaning fans will soon be able to buy shares. Their initial valuation? Oh, $1 billion.

The move was announced in a press release posted to the group’s website earlier today, which is full of exactly the kind of language you’re expecting and hoping it to, like:

FaZe Clan is at the forefront of the global creator economy — an industry centered around innovative digital content development fueled by social media influencers, creators and businesses who monetize their content online. With a leading digital content platform created for and by Gen Z and millennials, FaZe Clan has established a highly engaged, loyal global fan base of over 350 million across its combined social platforms that rivals established major sports…

Read full article at scammernews.com