That room was golden and the people that run it are awesome. You know as well as I do that if you gather 250k people in one spot someone is going to say something that makes you look bad. " We’re suffering from success and our Discord was the first casualty.
The stocks eventually came back up after the subreddit returned and a statement was issued. Shortly after this happened, /r/WallStreetBets briefly made its subreddit private which caused stocks to plummet for a short time. Many felt that this was done purposefully to try and squash /r/WallStreetBets' efforts as it could've taken action against the server anytime before but didn't. Social media erupted in anger after this happened, calling out Discord for its timing. We are monitoring this situation and in the event there are allegations of illegal activities, we will cooperate with authorities as appropriate." Discord welcomes a broad variety of personal finance discussions, from investment clubs and day traders to college students and professional financial advisors. " To be clear, we did not ban this server due to financial fraud related to GameStop or other stocks. Discord made it clear in a statement (via The Verge) that this had nothing to do with the actual financial drama and was purely based on behavior.
After the market closed, Discord officially took the server offline and cited this offensive behavior as its reasoning. With more and more people coming in and seeing this, the troublesome behavior has only gotten worse, and it's even seeped into the Discord. The subreddit is known for having a pretty toxic vibe within it, throwing around slurs and just having an overall frat house vibe. Related: Elon Musk Turns GameStop Stock Into Richesĭue to the high level of interest, /r/WallStreetBets has gained a lot of eyes on its Discord and subreddit.
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