Titan Org Shuts Down

Damien Grust, CEO and founder, has announced the shutdown of the major eSports organization, Titan.

Titan has announced their departure from the gaming scene today. A lack of the required monetary funds to keep the organization afloat, stemming from a loss of sponsors afer the cheating ban of Hovik "KQLY" Tovmassian was one of the main reasons behind the decision to disband all teams associated with Titan, a statement from the organization read.

Damien Grust, CEO of Titan, wrote in a statement posted to Titan's website:



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But then we were awoken by some pretty bad news, one of our CS:GO players was banned for cheating. This sent shivers down my spine, because it couldn’t have come at a worse moment. All the bad press that this brought and the major hit the image of an otherwise respectable brand took, was too much. Sponsors and partners with whom we were about to sign, understandably backed out of deals, not wanting to be associated with a company that had just been tarnished. Needless to say, our budget for 2015 had gone up in smoke from one day to another.

Titan's CS:GO roster before the announcement of the organization shutting down:

Kevin "Ex6tenZ" Droolans

Cédric "RpK" Guipouy

Edouard "SmithZz" Dubroudeaux

Richard "shox" Papillon

Adil "ScreaM" Benrlitom

ScreaM tweeted that the team would not be disbanding and would be seeking a new organization following the announcement:



Headline image source.