WallStreetBets Group returned to Discord after a brief ban

WallStreetBets Forum as hedge funds loses billions to Reddit traders who run Amok

Photographer: Brent Lewin / Bloomberg

WallStreetBets, the investment group famous for fueling rallies at GameStop Corp. and AMC Entertainment Holdings Inc., returns after Discord service to be forbidden to allow hate speech.

The group is now operating on a new server – a digital room where people can chat – according to Discord, a popular communications platform among players.

Discord said on Wednesday it had banned the group from doing enough to stop the ugly speech. The company cited multiple violations of the community guidelines and said it had issued warnings to its server administrator. The move was not related to the group’s efforts to promote actions such as GameStop.

“We will welcome the group back as long as they improve their moderation practices and follow the guidelines of our community,” Discord said in a statement Thursday. “We contacted moderators to provide support and advice, as we do for many of our large communities.”

Elon Musk, the billionaire’s boss Tesla Inc., wrote on Twitter outraged at Discord’s move late Wednesday. “Even Discord has become a body,” he said.

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