Influencer Roaring Kitty awaits sentencing on July 15 for potential GameStop stock manipulation.
Roaring Kitty caused a price rally of GameStop stocks in May 2024.
Morgan Stanley-owned trading platform ETrade is speculating on prominent youtube/finance influencer Roaring Kitty’s actions in the market according to Wall Street Journal reports. The financial services company has closely watched the influencer’s ETrade account. It is considering removing him from the platform suspecting GameStop’s ‘stock manipulation.’
Notably, ETrade has reported that Roaring Kitty had invested approximately $200 million in GameStop shares (GME) and call options before becoming active on his social media. This announcement occurred after a screenshot of the investment was shared on Reddit.
Roaring Kitty aka Keith Gill showed activity in his X account on May 13 2024, after a dormancy since 2021. This caused GameStop Stocks to skyrocket in price for the second time.
ETrade Consi
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