Discord has actually prohibited the r/WallStreetBets server, the company confirmed to The Edge Reddit’s WallStreetBets subreddit is the motorist of an unprecedented rally of GameStop stock, and has actually received a great deal of attention in journalism as the stock continues to soar.
Discord says it did not ban the server for financial scams– rather, it was prohibited due to the fact that it continued to enable “despiteful and prejudiced content after repeated warnings.” The Verge got to the server and can verify the claim that users of the channel were spamming despiteful language, including racial slurs.
Here is Discord’s full statement:
The server has been on our Trust & Safety group’s radar for a long time due to occasional material that breaks our Community Standards, including hate speech, glorifying violence, and spreading out false information. Over the previous couple of months, we have released numerous cautions to the server admin.
Today, we decided to eliminate the server and its owner from Discord for continuing to allow hateful and inequitable material after duplicated warnings.
To be clear, we did not ban this server due to financial fraud connected to GameStop or other stocks. Discord welcomes a broad variety of personal finance discussions, from financial investment clubs and day traders to college students and expert financial consultants. We are monitoring this circumstance and in case there are accusations of unlawful activities, we will comply with authorities as suitable.
r/WallStreetBets explains itself as “like 4chan discovered a Bloomberg Terminal,” and many comments on the subreddit consist of offending language.
Quickly after Discord banned the server, the moderators made the entire r/WallStreetBets subreddit personal too, taking it dark for nearly an hour. When it returned, the mediators of the subreddit had a message about the Discord ban which you can check out below:
We’re struggling with success and our Discord was the first casualty. You called well as I do that if you gather 250 k individuals in one spot somebody is going to state something that makes you look bad. That room was golden and the people that run it are awesome. We obstructed all bad words with a bot, which ought to suffice, but apparently if someone can state a bad word with unusual unicode icelandic characters and somebody can screenshot it you don’t get to hang out with your buddies any longer. Discord did us unclean and I am not impressed with them ruining our neighborhood instead of stepping in with the wrench we may have needed to fix things, particularly after we got over 1,000 server boosts. That is pretty unethical.
The bold text was present in the original post.
During the time the Discord server was live, it was chaotic, with messages coming in at a fast rate and numerous voices discussing each other all at once. Check out this video from my colleague Tom Warren to get an idea of what resembled (note: you might want to reject your volume prior to clicking play, as the voices are quite loud):
Although the original r/WallStreetBets Discord server was banned, the subreddit now links to what appears to be a new official server.
Update January 27 th, 9: 05 PM ET: Included that a r/WallStreetBets links to a brand-new Discord.