Social news website Reddit has become one of the most popular places on the web. The original founder of r/wallstreetbets, Jamie Rogozinski, this week sold the rights to his life story to a movie production company, according to The Hollywood Reporter. 28 can be found here.)Īnother two moderators have resigned from their roles in protest and moved to a new subreddit at r/wallstreetbetstest, where they’re accusing the old guard of trying to cash in. (An archive of the moderator list from Jan. It appears over a dozen users who were added to r/wallstreetbets as moderators eight or nine months ago have since been removed. “They left for years and came back when they smelled money.” Starting on Wednesday, at least three moderators for r/wallstreetbets posted that they had been banned from the forum, allegedly in a hostile takeover executed by older moderators. “We’ve been taken hostage by the top mods,” wrote the user “zjz” in a now-deleted but archived post. PCMag reached out to the user for comment, but we haven't heard back.Ī power struggle is rankling r/wallstreetbets, the Reddit forum that sparked the meme stock craze. Claiming this as evidence that we are attempting to 'monetize the sub' is extremely dishonest." "What wasn't shared though, was that we are planning to donate any proceeds from this (if any!) to charity. "We were planning on waiting to announce this once we had everything lined up, but yes we have been approached by producers regarding a potential movie and many of the other mods were a part of those conversations, including /u/zjz," Grebfar wrote. But before the removal, one of the oldest moderator named "grebfar," made a post on Thursday, addressing the rumors a movie deal was in the works surrounding r/wallstreetbets. It's not clear how or why the three oldest moderators lost their privileges. The ones who didn't understand are finally gone," wrote the user bawse1 on Friday, after he was previously banned.
"We are here for the community, not the other way around. UPDATE 2/5/21: It appears the banned moderators have managed to retake power from the three oldest moderators on r/wallstreetbets.
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