Nuked Reddit’s r/wallstreetbets has grown significantly due to the community’s role in driving up the stock prices of companies. There are currently many movies and a TV show in the works.
Some r/wallstreetbets moderators talked with each other about trying to get a movie deal. On Thursday morning,’the wallstreetbets moderators who were considering the film deal began booting out other who had questioned them for secretly trying to profit from the forum’s success,’ said a highly upvoted r/wallstreetbets post.
Reddit stepped in to stop the takeover of some r-wallstreetbets mods. The company says they violated rule five of its moderator guidelines.
Healthy communities have moderators who are around to answer questions of their community and engage with the admins. The admins are able to respond to questions and engage in the admins.
There are 28 mods listed on the r/wallstreetbets page. The company would n’t share how many mods were removed.
Reddit sent a message to the r/wallstreetbets mods. The message was obtained by Mashable.
The mods removed by Reddit ca n’t be immediately reinstated as moderators on r/wallstreetbets. It’s unclear which of the removed mods may return, or which have been invited to do so.
