'Reddit's new slogan should be 'We build it, they take it'': WallStreetBets founder launches lawsuit
BNN Bloomberg
The man who started retail investing forum WallStreetBets, which fuelled the 2021 meme stock frenzy, said he’s been fighting with Reddit for years now and has launched a lawsuit against the company.
Earlier this month, Jaime Rogozinski, the founder of subreddit r/WallStreetBets, launched a lawsuit against Reddit for allegedly ousting him as the moderator of the group and blocking his trademark efforts.
“Reddit’s new slogan should be ‘We build it, they take it’,” Rogozinski said in an interview with BNN Bloomberg on Friday.
He said he grew and participated in WallStreetBets, but when he tried to move beyond the social media platform and registered the trademark, “all of a sudden I get kicked out and then they've been fighting me for three years on this.”
