The information I was given: Beg For Mercy Dynasty was given to a member to hold it. This member then kept it and started recruiting people and uploaded a hat.
What went down: Xor got online, banned the leader and a couple other members, and gave leadership of the guild back to Slim.
I'm not sure why Xor gave it back because there were no rules broken and even if there was hacking involved, I'd like to see proof. Even though it all ended well for Slim, this was still hilarious.