MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
and Update: Reddit Intervenes. By Ethan Gatch @ Kotaku.com, Feb. 4
A couple weeks ago, most people hadn’t ever heard of WallStreetBets, the edgelord Reddit hangout for renegade investors and amatuer traders. Now it’s blown up to over 8.5 million users, and a war has broken out between the old mods and the new for control over the community and its future.
“Big drama going down in WallStreetBets right now,” The New York Times reporter Taylor Lorenz tweeted out earlier today. “Retired old mods have come out of inactivity and kicked the current mods out now that there’s movie deals/media attn. Everyone is rallying in the test subreddit that the “active” mods still control.”
Overnight, WallStreetBets moderator zjz, one of most active mods in recent weeks as it exploded in popularity, posted a now deleted thread on the subreddit titled “wallstreetbets will die soon unless the admins save us.” It went on to charge earlier mods who had previously laid dormant of coming back to try and usurp control of the community to profit off the attention but did not call anyone out by name [....]