FaZe Banks blames former members for FaZe Clan's collapse

Richard Bengtson, known as FaZe Banks, has addressed the collapse of FaZe Clan, alleging that former members were responsible for the organization's difficulties. During a Twitch livestream, Banks claimed that the creators' operations were costing the company seven figures per month, which could not be sustained indefinitely.

Banks specifically targeted former member Rani ‘Stable Ronaldo’ and others, stating, “Who was the issue? I would argue, again, you guys were the issue.” He alleged that the organization invested approximately $11 million into the careers of its creators but received “zero dollars” in return.

As part of his defense, Banks challenged Ronaldo to compare his Twitch earnings from the year prior to the FaZe relaunch against his earnings following the relaunch to demonstrate the financial support provided by the group. Banks also asserted that neither he nor Matt Kalish personally profited from the revenue generated by the creators during that period.