3 years ago
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CEOs of Reddit and Robinhood and ‘Roaring Kitty’ slated to testify in GameStop hearing
Reddit CEO Steve Huffman, Robinhood co-CEO Vlad Tenev, and Keith Gill (aka Roaring Kitty) are all on the witness list for an upcoming hearing before the House Financial Services Committee, according to a release from Chairwoman Maxine Waters (D-CA). The hearing, to be conducted virtually, will probe the recent volatility in shares of GameStop following a rally fueled by a group of day traders active on the r/WallStreetBets Reddit board.
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Meanwhile, large hedgefunds and stockbrokers keep on manipulating markets and no one even blinks an eye.