Representative Alexandria Ocasio-Cortez mocked Wall Street on Wednesday for wanting to crack down on a Reddit message board that helped boost GameStop shares.
“I have to admit it’s really something to see Wall Streeters with a long history of treating our economy like a casino complaining about a billboard that also treats the market like a casino,” the Bronx urged. he tweeted.
He added in another tweet: “Anyway, pay tribute to the rich.”
Ocasio-Cortez alluded to the famous Reddit forum “WallStreetBets”, which went private briefly on Wednesday afternoon after the group’s Discord channel was banned for “hate speech”. The subreddit was made public again shortly after.
“AOC turned its back on us,” he read in a forum post, along with a screenshot of Ocasio-Cortez’s Twitter thread.
GameStop and AMC Entertainment made gains of 134 and 301 percent in one day with the help of the Reddit message board, which turned Wall Street’s institutional hedge funds into a frenzy.