{"id":24112,"date":"2023-04-05T00:35:00","date_gmt":"2023-04-05T00:35:00","guid":{"rendered":"https:\/\/gamergog.com\/index.php\/2023\/04\/05\/snoop-dogg-bails-from-board-as-faze-clan-circles-the-drain\/"},"modified":"2023-04-05T00:41:01","modified_gmt":"2023-04-05T00:41:01","slug":"snoop-dogg-bails-from-board-as-faze-clan-circles-the-drain","status":"publish","type":"post","link":"https:\/\/gamergog.com\/index.php\/2023\/04\/05\/snoop-dogg-bails-from-board-as-faze-clan-circles-the-drain\/","title":{"rendered":"Snoop Dogg Bails From Board As Faze Clan Circles The Drain"},"content":{"rendered":"

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\"Snoop<\/picture><\/div>\n

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Picture: Faze Clan<\/figcaption><\/p>\n<\/div>\n

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Faze Clan, which as not too long ago as final yr appeared an unstoppable cultural pressure for the style of dudes who each play video video games and aspire to personal lambos, is in bother. As we\u2019ve reported, the clan\u2019s resolution to go public has been a catastrophe<\/span>, with their shares now virtually nugatory, however as dangerous as issues have been final month, this week they\u2019re getting worse.<\/p>\n

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The Week In Video games: Trapped-Crammed Towers And Teenage Dreamers<\/p>\n<\/div>\n

Final yr Faze\u2019s star gave the impression to be shining brightest when Snoop Dogg walked onto the stage in the course of the 2022 Tremendous Bowl halftime present sporting the clan\u2019s gold chain round his neck. The veteran rapper had been satisfied to lend his identify to Faze\u2019s advertising efforts after they provided him a spot on their firm\u2019s board of administrators, $1.9 million in inventory after which an additional $248,000 in shares to his son and \u201cfirms managed by his partner and his supervisor<\/span>\u201d.<\/p>\n

Now, with Faze \u201csuccessfully a penny inventory<\/span>\u201d, issues are wanting bleaker. With these shares now nugatory, Snoop Dogg has left the corporate, an SEC submitting made earlier as we speak revealed. As Dexerto <\/em>report<\/span> he resigned, \u201csuccessfully instantly\u201d, on March 29. <\/p>\n