Rogozinski first created r/WallStreetBets in 2012 with the intent of establishing a community for everyday investors who may not know the ins and outs of stock trading. It exploded in popularity around 2020, encouraging traders to buy various “meme” stocks like GameStop and AMC and chastising those with “paper hands” for selling too early.
As the subreddit started to add more members, Rogozinski claims Reddit “aggressively opposed” his application to file a trademark for the…