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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.

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WallStreetBets Founder Battles Reddit Over $10,000 Crypto Conference

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 $753.51M , Pudgy Penguins, and OpenSea. Marketing materials describe it as a gathering “where degens meet Davos".

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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Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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