Earlier this month, Rick Fox was reported to be selling his shares and departing Echo Fox, following alleged racist abuse.
Following this, a Dexerto report noted that the person in question was Amit Raizada, a founding partner of Echo Fox investor Vision Venture Partners group. Twin Galaxies custodian Jace Hall got into an email debacle with Raizada, resulting in Raizada allegedly using a racial slur. When Dexerto reached out to Raizada, his law firm said “Mr. Raizada has never used or made a racial epithet or statement towards Mr. Fox or anyone in his family. Moreover, Mr. Raizada has never threatened Mr. Fox or anyone in his family. Any allegations or suggestions to the contrary are simply false.” Later, another Dexerto report revealed emails where Raizada used threatening language towards Rick Fox and his family.
The League of Legends Champion Series commissioner Chris Greeley announced on Twitter that Riot Games was going to begin an investigation on this issue on April 25, saying “The LCS believes in creating a fair and inclusive environment for everyone and the alleged comments are contrary to our values and have no place in our league.”
Today, Greeley notes on Twitter that the preliminary investigation is done and “hate speech, threats, and bigotry have no place in the LCS.” Riot Games is forcing Echo Fox to “take action by removing any individuals whose actions violate League rules and agreements” within 60 days. If the organization doesn’t remove them, “the League will take formal action that may adversely impact the future of Echo Fox in the LCS.”
Echo Fox bought a spot in the League Championship Series in 2017 for $10 million and though the organization has footing in other esports, this is by far its biggest venture.