Browse the latest news about esports and esports startups in Southern California from dot.LA.

Fan Controlled Football, a pro football league that lets spectators who own crypto call the plays in the game, has raised a $40 million Series A funding round as it looks to double its team count ahead of its upcoming second season.

Animoca Brands and Delphi Digital led the round, which included participation from investors Gemini Frontier Fund, 6th Man Ventures, Jump Crypto, Red Beard Ventures, Spartan Capital, NGC Ventures, executives at GoldenTree Asset Management and The Sandbox co-founder Sebastien Borget.

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Column: How to Turn the Esports Moment into a Movement

Riot Games is investigating TeamSoloMid founder and CEO Andy Dinh for workplace misconduct, after receiving complaints that the esports team owner verbally abused and bullied current and former employees and esports players.

West Los Angeles-based Riot launched an investigation into Dinh’s behavior late last year, Wired first reported on Tuesday. Dinh’s TSM competes in Riot’s flagship annual “League of Legends” World Championship tournament, one of the esports world’s largest and most prestigious competitions.

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Photo by Pragii on Unsplash

One of the world’s largest talent agencies launched its first SPAC on the Nasdaq exchange on Thursday. United Talent Agency’s UTA Acquisition Corp. raised $200 million in the IPO, fueling its efforts to snap up a “compelling” gaming or creator economy business.

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