HOT - Dave Portnoy Blasts E*Trade Amid Roaring Kitty Ban Considerations | Benzinga
Dave Portnoy, founder of Barstool Sports, launched a scathing attack on E*Trade in response to news that the platform, owned by Morgan Stanley (NYSE:MS), is considering banning Roaring Kitty, whose real name is Keith Gill, over allegations of stock manipulation.
In a video posted on X (formerly known as Twitter), Portnoy vehemently criticized E*Trade, stating, “E*Trade is the biggest f***ing crooks in the game … Any time there’s volatility, E*Trade f***ing crashes … E*Trade just wants to work on peasants.” Portnoy’s reaction highlights a deep-seated frustration within the retail trading community, which often feels marginalized by larger financial institutions.
“So if E*Trade is threatening to kick Roaring Kitty off their platform, that means Roaring Kitty is doing something right,” Portnoy added.
Benzinga has reached out to E*Trade for comment on Portnoy’s tweet.
If E*Trade is considering kicking Roaring Kitty off their ...