179 - GameStop, Reddit, and Market Manipulation 2.0

Reddit and YouTube star, Roaring Kitty, is being accused (again) of market manipulation by the mainstream media because of his role in the 2021 GameStop saga. In this episode, I explain why I strongly disagree with these claims. This is a topic I am very passionate about and I look forward to hearing your thoughts.  If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.    Today's episode: [00:40] An overview of the topics I will cover in today's episode.  [01:44] What Reddit and YouTube star, Roaring Kitty, has been accused of (again). [03:13] Why I disagree with the general sentiment towards Roaring Kitty.  [06:02] The cause of the increased value of GameStop shares in January 2021.  [08:15] The timebomb created during the period after GameStop and how Robinhood responded. [11:38] Understanding market manipulation (and why I don't think this is what Roaring Kitty did).  [17:40] Why I agree with how Robinhood reacted in 2021.  [19:12] Unpacking Gary Gensler's opinion on Roaring Kitty and GameStop.  [21:19] Why I am so passionate about this topic.  [24:52] Please share your thoughts!   Show links: Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package! I would love to invite you to sign up for my newsletter. If you are interested, please click here.

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