WallStreetBets Group is back in service after a brief ban

Forum WallStreetBets as hedge funds lose billions to Reddit traders who run Amok

Photographer: Brent Lewin / Bloomberg

WallStreetBets, the investment group famous for promoting rallies in GameStop Corp. and AMC Entertainment Holdings Inc., is back on Discord’s service after be banned for allowing hate speech.

The group is now up and running on a new server – a digital room where people can get together to chat – according to Discord, a communication platform that is popular with players.

Discord said on Wednesday that it barred the group from not doing enough to contain hate speech. The company cited several violations of its community guidelines and said it issued warnings to its server administrator. The move was not linked to the group’s efforts to promote actions like GameStop.

“We will welcome the group back, as long as they improve their moderation practices and follow our community guidelines,” said Discord in a statement on Thursday. “We contacted the moderators to provide support and advice, as we do for many of our large communities.”

Elon Musk, the billionaire chief of Tesla Inc., tweeted his annoyance at Discord’s move on Wednesday. “Even Discord became a body,” he said.

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