A popular stock trading chat group has been booted off Facebook due to alleged violations of its “sexual exploitation” rules, claims the page’s founder, who accused “major institutions” of trying to avenge the GameStop debacle.
The Robinhood Stock Traders group boasted more than 157,000 members before it was taken offline on Wednesday, its 23-year-old founder, Allen Tran, told Reuters, adding that the social media giant cited its policies surrounding “adult sexual exploitation.” A notification of the ban seen by Reuters included no further reasoning for what prompted the move.
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