FaZe Banks says FOMO has an unfair edge over TradFi apps like Robinhood because onchain social trading skips the regulatory red tape: "Do you think Robinhood ever throws their hat in the ring in a very aggressive way on the social trading shit?" "I think so actually... I think they actually have a Robinhood social." "Whereas like fomo reads like a social media platform, the emphasis is on that, whereas Robinhood is more institutional, TradFi, KYC." "The fomo founder said when we had him on, on-chain has such an advantage with social trading because when it's not on-chain, you have to get people to opt in and share all the regulatory stuff. On-chain is very immediate, you don't need to do the KYC stuff, you can just share your positions, it happens in real time. That's why fomo and some others have an advantage on the social side of things." "I feel like the big winner in social trading is going to have to hard commit to that's going to have to be the product. They're making so much money at the infra layer, do they really need to go as hard on the app layer too? They already have the app layer on the TradFi side, that's what I mean."

FaZe Banks, aged 34, speaks on his relationship with Bonnie Blue and Lily Phillips after a recent post went viral with her sitting on his lap 😭 "I was saving it for a rainy day.. I have never k*ssed her or interacted with her. I did f**k Lily Phillips though"

⚔️ FaZe vs Alliance 🗓 11:00 PM May 27 ✅ My plays: • Over 2.5 • Alliance ML Yes(Light) FaZe got the big names and LAN experience, but they’ve been straight up struggling this year (win rate kinda meh lately). Alliance is on absolute fire — just won Tipsport Conquest and their maps (Dust2/Ancient) are looking dangerous. #CS2# #StakeRanked# #Polymarket#

Ansem and FaZe Banks rip into the Hunter Biden token launch and question who actually benefited from it. “What the fuck were they thinking?” “The insiders benefited a lot from the launch, no matter how they say they structured the token supply.” “People that we’ve never heard of that are kind of behind the scenes have made millions and millions of dollars on this launch.”

Circle CEO @jerallaire isn't fazed by the Senate's decision to block the CLARITY Act. He believes regulators will keep moving crypto market structure forward, and Congress will eventually catch up with additional laws. "The key thing is that a year ago The GENIUS Act, which makes digital dollars legal in the U.S. financial system, became federal law. So a lot of our work is done." "CLARITY is about how trading venues get set up, clarifications around how DeFi is treated, etc. It's market structure." "The agencies that regulate these things, like the CFTC, the SEC, even the bank regulators too, they're all just going to move forward and regulate it themselves." "Eventually we'll get additional laws passed through Congress."