Later on Wednesday, the r/WallStreetBets was temporarily shut down for unknown reasons, though many users on Twitter believed it to be connected to the GameStop scheme. The subreddit had … Tesla CEO Elon Musk has accused Discord of selling out because it shut down its ‘WallStreetBets’ channel after members wreaked havoc on hedge funds by sending share prices in GameStop and other embattled stocks skyrocketing. continue holding do not lose hope we are working on a solution to allow us to communicate! Source: Adobe/Игорь Головнёв. Let's talk about it. The group's Reddit counterpart has fueled a massive rally of GameStop , AMC , and Nokia shares. Discord banned its chat group r/wallstreetbets on Wednesday for repeatedly allowing hate speech. ET. Like 4chan found a bloomberg terminal Yesterday, we noted as a side note, that Discord had shut down the r/WallStreetBets server that many of the subreddit users had used to communicate. I actually expect Reddit to suspend them, any second now. WallStreetBets was involved in a short squeeze of GameStop and other stock this week, screwing over hedgefunds that had bet against the company, with users seeing massive profits, and the investment bankers on Wall Street losing billions. 37.0k votes, 1.0k comments. Simultaneously, google searches for ‘Robinhood’ exploded along with search terms related to last week’s drama, including ‘GME’ and ‘WallStreetBets’. Of course, Reddit blamed “racism” and “hate speech”… What Now? WallStreetBets, or WSB for short, is a subreddit focusing on stock and options trading. Reddit clamped down on WallStreetBets, briefly making the subreddit private and then re-opening it. These investors opened “short” positions on GME, in which they bet that the stock would go down. 27856984 Literally, all the mods do over there is rally an army of … Will Robinhood Shut Down? WallStreetBets shut down!!! What an amazing story! What is r/wallstreetbets Doing? From Idol to Investigated — Will Robinhood Shut Down? Galleon shut down in 2009, following Rajaratnam’s arrest, ... And while the Reddit users on WallStreetBets may have been the catalyst for the hedge fund woes, many people defended them. TLDR: Naked shorting appears prevalent in GME, and if true was likely aided by DTCC, whom by extension may have shut down the short squeeze on 1/28 because it would've caused a massive scandal had the squeeze happened.I know ape can't read but I implore you to read the whole thing (originally wasn't going to add a TLDR but decided to add it just so more people will read even just a little bit) Users of r/WallStreetBets created a separate forum, r/ClassActionRobinHood, to coordinate a possible lawsuit against the app. r/WallStreetBets appears to have been taken down by Reddit admins amid the rise and fall of GameStop stocks over the last few days. Therefore, it is likely that Robinhood could suffer some long-term consequences for its decision to bar retail traders from certain stocks last week. World’s First Polkadot ETP to Be Listed on SIX Exchange. ----- Activate your YouTube WallStreetBets Goes in for the Kill: Melvin Capital Lost 53% in January. Contrary to speculation, the server was not shut down due to any financial fraud allegations. As Finance Magnates reported on Monday, the r/WallStreetBets ... Read our analysis here to find out more on whether Robinhood could be shut down. Reddit shut down its WallStreetBets subreddit page on Wednesday after rookie stock market investors in the general public joined together to purchase stock in targeted companies causing a major disruption in the stock market and resulting in several hedge funds to go bust. Of course, Reddit blamed “racism” and “hate speech” […] As a very basic overview, GME is the stock for the retailer Gamestop. The Reddit forum briefly went private on January 27, and the messaging platform Discord shut down the WallStreetBets server in its app the same day due to “hateful and discriminatory content.” 9.7m members in the wallstreetbets community. The moderation team has released a statement criticizing Discord's decision to shut down the server. believed GME was going to decrease in price. A group of moderators from the subreddit behind GameStop (GME) short squeeze, which made the headlines across the globe, WallStreetBets (WBS), is now planning to take a path of decentralization and build a smart contract-based pool. A large number of institutional investors (hedge funds, banks, etc.) r/wallstreetbets has disappeared, and apparently Discord banned the server. www.stationgossip.com/2021/01/stunning-reddit-shuts-down.html Where else do us retards go now? wallstreetbets so as you have seen we have been shut down on reddit & discord for now . Discord said that the /r/WallStreetBets server was shut down for "hate speech, glorifying violence, and spreading misinformation" according to a Discord spokesperson to … We would like to show you a description here but the site won’t allow us. r/Wallstreetbets needs to be shut down Anonymous (ID: WLWRLXht) 02/05/21(Fri)16:43:52 No. By Rachel Curry. Now, in short order, the sub-Reddit was made inaccessible to visitors and, according to a statement by Discord, the company that provides the service the r/WallStreetBets crew uses, they have shut them down. It has surged in popularity within the past week due to a rally in the markets, notably GameStop stock. The WallStreetBets Reddit community has been restored. WallStreetBets What an amazing story! Reddit shut down its WallStreetBets subreddit page on Wednesday after rookie stock market investors in the general public joined together to purchase stock in targeted companies causing a major disruption in the stock market and resulting in several hedge funds to go bust. What do you think will happen next? "Discord did us dirty and I am not impressed with them destroying our community instead of stepping in with the wrench we may have needed to fix things, especially after we got over 1,000 server boosts. Feb. 4 2021, Published 2:27 p.m. Wallstreetbets members made the headlines at the beginning of 2021 for pumping almost 2,000% of the video game retailer ... Banning Bitcoin Is Like Shutting Down Internet — … By Frankie … Luckily Ruqqus is still up (for now). 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