Why did discord ban R/wallstreetbets?

According to The Verge, Discord has banned the r/WallStreetBets server for allowing "hateful and discriminatory content after repeated warnings." It did not ban the server for financial fraud. We have also learned that Reddit's WallStreetBets subreddit has been set to private.

What happened to the wallstreetbets subreddit?

Be a good little trader and take what you're offered. In case that is relevant for some reason. WallStreetBets subreddit moderators can't access basic back-end tools, and the subreddit was made private. The server is associated with the popular r/wallstreetbets subreddit.

What is R/wallstreetbets?

r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading.

Who bans wallstreetbets?

"Discord bans WallStreetBets server for 'hateful and discriminatory content' ". Mashable. Archived from the original on January 28, 2021. Retrieved January 27, 2021. ^ "Where do we go from here and who is going to step up to help us?". Reddit. January 28, 2021. Archived from the original on January 28, 2021. Retrieved January 28, 2020.