A heated debate has taken over the internet after a controversy involving FaZe Clan, the collapse of the MLG coin, and some leaked messages. Former FaZe CEO Richard “FaZe Banks,” popular streamer Adin Ross, and longtime FaZe member Nordan “Rain” Shat sit at the center of the issue.
Things took a turn when the MLG coin, a project heavily backed by Banks and Ross, experienced a big spike in value before crashing hard. The coin hit a $200 million market cap at its highest, but later plunged to $12 million. After the crash, people online started accusing them of pulling a rug on investors.
Soon after Banks stepped down as CEO on July 28, 2025, leaked messages surfaced online. These messages seemed to accuse Adin Ross of being the "bad actor" in the situation. The leaks sparked criticism from Rain, who questioned the story being told. Rain called the messages "a crazy thing" during a livestream and said he couldn’t believe how events were being spun.
The leaked messages stirred up talks about who was accountable, how transparent things were, and the inner workings of FaZe Clan. While Rain pushed back against the narrative, Adin Ross joined the debate. He shared his side, focusing on his personal history with Banks.
During a recent stream, Ross talked about the idea of cutting ties with Banks. He said he still sees Banks as family despite everything that happened. Ross admitted feeling hurt by the DMs but mentioned how Banks had supported him in the past, like helping him find a place to live and giving advice during important career moments. Because of that history, Ross explained why he’s not calling him out.
“It's not about being spineless. It's just about what's the truth and what's not the truth. The f*ck? Cut them off then. It's not your business whether I cut them off or don't cut them off. I don't speak to banks all the time. I never have, never was. We speak here and there, but I consider that somebody that changed my life in many ways. Family to me, bro. Let's not act like he didn't move me in a crib, never charged me for rent, said, Don't join Faze clan because it's ran by a bunch of CEOs and weird people. I have history with him. So sorry, I'm not going on stream saying, F*ck FazeBank. Let's kill FazeBank. Sorry, I'm not doing that. Instead, I'm just going to say I'm hurt. And it was fucked up what he did. That's why I just don't understand with you guys,” Adin said.
Adin Ross reveals he can’t cut off FaZe Banks because he’s like family, despite the leaked DMs 👀 pic.twitter.com/7B24KVzljx
— FearBuck (@FearedBuck) July 30, 2025
Netizens had mixed reactions to Adin Ross’ response, with some calling him out for inconsistency and others praising his loyalty.
"Just lie after lie," an X user commented on Adin's response.
"I'm genuinely fed up of this beef.. Get off of my timeline, it's very annoying," another wrote.
Some felt he was playing the victim, others saw growth and authenticity in his words.
"Money will ruin so many friendships and relationships. I think Adin rose is playing a victim card," another wrote.
"Adin has GROWN. He speaks like a real man W," one wrote.
"Sometimes loyalty runs deeper than the receipts. It’s messy, but it’s real," another X user reacted.
"Can’t expose him, and then say we’re Ike family. Ppl like this blow my mind fr," another commented.
The FaZe Clan community faces a tough moment as the controversy sparks ongoing reactions online. Members are dealing with internal conflicts, damage to their reputation, and shifting dynamics among their well-known figures.
TOPICS: Adin Ross