Reddit’s r / WallStreetBets has grown significantly due to the role of the community in increasing the share prices of companies such as GameStop, AMC and Nokia, and the whole saga has attracted so much attention that there are currently many movies and a TV show in the work is. . But the increasing attention has put the r / WallStreetBets community under pressure, forcing Reddit to intervene to put things right.
The problems started according to Wednesday night The New York Times, as some moderators of r / WallStreetBets talked to each other about trying to get a movie contract. On Thursday morning, ‘the WallStreetBets moderators considering the film deal started launching other moderators who interviewed them because they were secretly trying to take advantage of the forum’s success’, reports The New York Times. In a very excited r / WallStreetBets message, the situation is called a coup and it is said that the moderators who ‘know and love’ the community are thrown out.
At one point, Reddit stepped in to stop the takeover, and the company confirmed The edge that it removed some r / WallStreetBets mods. The company says they violated rule five of its moderator guidelines, which read:
Stable and active moderator teams:
Healthy communities have moderators who are around to answer questions about their community and engage with the administrators.
The company would not share how many mods were removed. At the time of writing, there are 28 mods on the r / WallStreetBets mods page, and ‘the last few weeks there have been a few dozen’, according to The New York Times.
According to a message sent by Reddit to the r / WallStreetBets mods, Reddit said they should act due to the instability that the situation has created for the community. Mashable. “We understand that many today will be upset about our decisions, but it was clear to us that an intervention was needed for the continued health of the community of r / wallstreetbets,” reads part of the message.
The mods removed by Reddit could not immediately be reinstated as moderators of r / WallStreetBets, the company said. The edge. The mods removed by the bad actors can is set again as mods on r / WallStreetBets, but at the discretion of the current mod team. It is unclear which of the removed mods may return, or which has been invited to do so.
Last week, Discord also had to step in to moderate a WallStreetBets community. The company banned the original r / WallStreetBets server because of “hateful and discriminatory content” and moderately helped the mods of the new one.