⚖ The founder of retail investor-driven discussion board WallStreetBets, Jaime Rogozinski, is reportedly suing Reddit for ousting him as moderator. Follow benzinga
Rogozinski is accusing Reddit of a breach of contract for his 2020 ousting and infringing on his right to trademark the WallStreetBets brand, reported The Wall Street Journal.
“I felt this was personal, and I felt betrayed,” said Rogozinski, according to the report.
“My vision for WSB is not a massive pump group, but a massively empowered group which collectively strengthens the foundation of Wall Street."
“Jamie was removed as a moderator of r/WallStreetBets by Reddit and banned by the community moderators for attempting to enrich himself. This lawsuit is another transparent attempt to enrich himself,” a Reddit spokesperson told the Journal.
The Reddit spokesperson said, “We’ll respond directly in court and continue to protect the best interests of the communities and moderators on our platform.”
Rogozinski’s relatio...
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