The trouble started Wednesday night,
according to The New York Times, as 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 moderators who had questioned them for secretly trying to profit from the forum’s success,” reports
The New York Times. A
highly upvoted r/WallStreetBets post called the situation “a coup,” saying the moderators the community “know and love” were being tossed out.
At some point, Reddit stepped in to stop the takeover, and the company confirmed to
The Verge that it had removed some r/WallStreetBets mods. The company says
they violated rule five of its moderator guidelines.
