Not a day goes back where we aren’t shown how racist we are as a society.

Rick Fox was the face of this company, but he is out because a shareholder is a racist.

Here was his statement.

This is an official notification of my intention to exit the Echo Fox organization as a shareholder and participant as soon as I am able to facilitate a transaction to do so. The recent outrageous and abhorrent display of pure racism made by a significant Echo Fox shareholder as well as threats to my family have made it impossible for me to continue to remain associated with the company. I will not support or be associated with such behavior and attitudes displayed at the shareholder level. Racism is an anathema to what my personal brand strives for and tolerating any form of discrimination such as this is not acceptable. This notification serves as the beginning process of exiting the company. I will be contacting all relevant and interested people. My position in the GP and the entity that owns my shares are available. Depending on the proposal there are different ways to structure a deal, acquire my entity, swap positions, etc. Interested parties can contact me. I’m moving on the first deal that sits well.”

Here is exactly what happened and I find it amazing they are withholding the shareholder’s name

The incident that seems to have triggered this decisive response from Rick Fox is the use of a racial epithet aimed at Jace Hall, former CEO of Echo Fox and Head Custodian of Twin Galaxies, in a heated email exchange. In an internal business dispute between Jace Hall and a member Vision Venture Partners, whose esports division invested in the Echo Fox brand, the shareholder used the n-word to describe Hall who is of African-American descent. We are currently withholding the shareholders name pending a response to comment. Sources close to the situation informed Dexerto that this isn’t the only time such language has been used in relation to both Jace Hall and Rick Fox from the shareholder in question.

Flip the page for video of Fox with Echo Fox.