IAmA
r/IAmA
It’s possible that Reddit takes this post down, but I hope they don’t because I deserve to be heard.
My name is Jaime Rogozinski, and in 2012 I created r/wallstreetbets. For nearly a decade, I cultivated, cared for, participated in, and helped grow the community. In 2020, I wrote a book called WallStreetBets, planned a trading competition and filed for a WallStreetBets trademark. Reddit then kicked me out, opposed my registration and filed several WallStreetBets trademarks of its own.
Three weeks ago, I sued them.
I’d like to share as much as possible but due to this being an open legal matter, I’ll hope you understand if I skip some questions or refer to the publicly available filings. I don’t pay my lawyers enough for this.
Reddit was quick to point out that I’ve sued for personal gain, by having quietly waiting 3 years after being banned from WallStreetBets before suing. This is easy to clear up because there are currently two open proceedings, I didn’t just randomly decide to sue. I just got tired of being picked on:
Reddit vs. Jaime Rogozinski – Reddit initiated this against me three years ago and is still ongoing. I chose to keep quiet in good faith effort to find a mutually agreeable solution, despite having ample opportunity to speak out.
Jaime Rogozinski vs. Reddit – this is me having had enough and deciding fighting back. You can read the full lawsuit here.
Crux of the argument (or if you prefer a video recap):
Reddit claims they kicked me out for monetizing WSB but this is a pretext. Tons of subreddits, users, and moderators monetize on Reddit, including moderators from WSB before during and after I was removed. You’re able to find examples by just randomly browsing Reddit, no need to single anyone out.
Reddit claims WSB moderators didn’t want me there, I get along fine with them (except for maybe one). They claim the community doesn’t want me but that’s bullshit because they barely know me.
These arguments don’t make any sense.
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