Steve Cohen said that “personal threats” that his family received during the GameStop saga forced him to leave Twitter for now.
The new owner of Mets in a statement on Saturday explained why his Twitter account, which featured a little-known playful side of the hedge fund tycoon while he was engaging with fans, was disabled on Friday night.
“I really enjoyed the comings and goings with Mets fans on Twitter, which unfortunately was overcome this week by incorrect information unrelated to Mets that led our family to receive personal threats,” the statement said. “So, I’m going to take a break for now. We have other ways to listen to your suggestions and remain committed to doing so.
“I love our team, this community and our fans, who are the best in baseball. The main point is that this week’s events in no way affect our resources and efforts to put a champion team on the field. #LGM! “
The source of Cohen’s wealth, instead of his recent purchase, became the focus of the 64-year-old’s Twitter account last week, thanks to the GameStop saga of the financial world. Cohen’s Point72 Asset Management and the Citadel hedge fund, managed by billionaire Ken Griffin, reportedly invested $ 2.75 billion in Melvin Capital Management, which was crushed after the short-term attempt on GameStop shares. Melvin is commanded by Cohen’s former protégé, Gabe Plotkin.
On Thursday, Cohen went on a Twitter with Dave Portnoy after the founder of Barstool Sports criticized the owner of Mets after restrictions that were placed on trading apps like Robinhood, which were hurting novice investors behind the rise in GameStop stock value.
WFAN morning presenter Boomer Esiason criticized Cohen on Friday, saying he would stop watching the Mets games “until I find out exactly what’s going on here” with Cohen’s involvement in the matter.