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Citadel is a hedge fund that owns Melvin Capital Management. Melvin is a $GME short seller predicted to lose BILLIONS due to the people taking the free market
by ransom1538 6y ago
Citadel is a hedge fund that owns Melvin Capital Management.
Melvin is a $GME short seller predicted to lose BILLIONS due to the people taking the free market back.
Citadel owns the app Robinhood.
Citadel banned purchases of new $GME shares on RH.
Market manipulation.
https://twitter.com/shane_riordan/status/1354786445668610049 https://twitter.com/shane_riordan/status/1354786445668610049
^ quoted from here
Ooops their correction here:
https://twitter.com/shane_riordan/status/1354787975058616320 https://twitter.com/shane_riordan/status/1354787975058616320
- beervirus 6y agoCitadel doesn't own Robinhood.
- Sohcahtoa82 6y agoYeah, I keep seeing this claim posted that Citadel owns Robinhood, but I can't find any evidence to back it up. The Wikipedia pages for each don't mention the other.
- Sohcahtoa82 6y agoYou should probably include the correction Shane made later: https://twitter.com/shane_riordan/status/1354787975058616320 https://twitter.com/shane_riordan/status/1354787975058616320 "Citadel isn’t a majority owner of RH, but they DO pay RH a hefty figure to the app for consumer data. On top of the money paid to bail out Melvin. All they have to do is threaten to pull that money for data from RH and RH pulls new share purchases of $GME. It’s wild."