Barstool Sports Founder Dave Portnoy Blasts E*Trade Amid Roaring Kitty Ban Considerations, Accuses Platform of Wanting 'to Work on Peasants'

2024-06-04 60

Barstool Sports Founder Dave Portnoy launched a scathing attack on brokerage firm E*Trade in response to news that they are considering banning retail trader Keith Gill, aka "Roaring Kitty," over allegations of stock manipulation. In an expletive-filled video, Portnoy vehemently criticized E*Trade and accused them of wanting "to work on peasants” and crashing whenever there is market volatility. Portnoy's reaction highlights deep-seated frustration within the retail trading community, which often feels marginalized by larger financial institutions.

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