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WallStreetBets Founder Battles Reddit Over $10,000 Crypto Conference
Key Takeaways
- Reddit’s legal pressure forced Jaime Rogozinski’s Miami event to drop the “WallStreetBets Live” name before launch;
- The $10,000-per-ticket conference features Jordan Belfort, Martin Shkreli, and crypto sponsors like Kraken and OpenSea;
- Rogozinski warned Reddit not to police a culture it “did not create", reviving tensions over control of WallStreetBets.
A conflict between Reddit and Jaime Rogozinski has once again surfaced, this time over a finance and crypto event in Miami.
Originally promoted as “WallStreetBets Live", the three-day conference changed its name to “[REDACTED] Live” just before launch.
Organizers said in a press release that the change followed “legal threats” from Reddit.
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Tickets cost up to $10,000, and the event includes well-known but controversial figures such as Jordan Belfort and Martin Shkreli, both previously convicted of securities fraud.
Sponsors listed on the event’s website include Kraken
Rogozinski founded the WallStreetBets subreddit in 2012, a community that became central to the meme-stock phenomenon.
During the pandemic, its traders helped trigger the GameStop short squeeze, a moment that symbolized small investors taking on major Wall Street funds.
In his statement, Rogozinski warned that Reddit’s actions could “stir a hornet’s nest with a long memory and a track record of collective action". He accused the company of trying to control “real-world gatherings” tied to a culture it did not build.
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