Huge Legal Victory Against Reddit Mods - H3 Show #266

The judge in H3's case against Reddit moderators denied their motion to quash a subpoena and protective order. Crucially, the judge indicated that Denims' 'watch party' of H3 content was likely 'hate watching' intended to deprive H3 of monetary gains, not fair use. This builds on a previous ruling against Matt Hoss, solidifying a legal stance against such content consumption models.

The snarkers were attempting to file a motion to quash on our subpoena to Reddit and Discord... we won. And the judge actually in her ruling was rather scathing... she believes that Denim's watch party was more of a hate watching party and with the intended purpose of trying to deprive us of monetary and uh you know rightful gains. So essentially, my first legal victory against Matt who uh Matt Hos, the judge in her opinion explicitly states that she does not believe that watch parties are fair use.

After a controversial period including a crypto pump-and-dump scheme (MLGcoin) and a mass exodus of creators from FaZe Clan due to alleged unfavorable contracts, FaZe Banks launched 'Marketbubble.' This new show, presented as financial advice, is sponsored by Poly Market, an unregulated crypto betting platform accused of being 'heavily gamed' and allowing bets on sensitive world events. Banks, who admitted to ignoring contracts and not understanding the business side as FaZe CEO, now positions himself as a financial guru, despite his co-host claiming to own 'zero crypto.'

Banks along with Aiden Ross and a bunch of other FaZe members heavily promoted MLGcoin... market cap shot from $3 million all the way up to $150 million in just 5 days... and then promptly crashed... accusations of a coordinated rugpole/pump and dump... Banks resigned as the FaZe CEO, saying he was stepping away from internet life completely... 'Marketbubble, a show about investing in yourself... Presented by Poly Market... Poly Market is this website that allows you to bet on basically anything using crypto. It's completely unregulated and it also has been not necessarily proven but strongly suspected of being heavily gamed... My entire career I've ignored contracts in deals. I've signed bad deals. I'veing been over. Um I haven't paid attention to this boring stuff because that's not me.'

In direct contrast to FaZe Banks' new venture, a group of ex-FaZe creators who left due to 'failed contract negotiations' and alleged demands for 20% of their earnings, launched their own organization called 'Core.' Standing for 'Create Own Run Everything,' Core emphasizes creator ownership and control. They unveiled a $20 million content house in Calabasas and their YouTube channel, though briefly banned by an automated system, quickly returned, signaling a new era for these streamers focused on self-governance.

Mass Exodus, Jason the Wen, Lacy, Stable Ren, Ronaldo, Silky, and Adapt all announced their departures... reportedly this was tied to 6 months of failed contract negotiations and new the new leadership after uh, Banks allegedly seeking 20% of the creator's earnings... the X-Phase creators, they revealed their new organization, Core. They're the core boys now... Core stands for create own run everything... They got a content house together. It's in Calabasas. Um, there's a $20 million house... the channel got banned like 5 hours after they launched it... it was an automated security system that made a mistake.