Google Play store has removed at least 100,000 negative user reviews targeting Robinhood, the stock trading platform caught in the center of the GameStop trading frenzy.
Robinhood’s rating on Google Play had dropped from four stars out of five on Wednesday to just one star on Thursday. It had bounced back to four stars at the time of this publication.
Meanwhile, Facebook shut down Robinhood Stock Traders, a 157,000-member stock trading discussion group, for allegedly violating the social media platforms policy on “adult sexual exploitation.”
“The major institutions are attempting to silence our community,” Tran wrote in a separate Facebook post. “We are positively impacting peoples’ lives and they are attacking our group because we are more powerful then them.”
A Facebook spokesperson told Reuters that the decision to take down Robinhood Stock Traders had nothing to with the “ongoing stock frenzy.”
Earlier this month, a group of WallStreetBets community members launched a campaign to buy up GameStop and other stocks after noticing that a hedge fund had taken out a massive amount of short trades on the struggling electronics retail company. Their investment caused the price of the GameStop stock to soar rapidly, leaving the hedge funds and other institutions who had bet that the price would fall with losses of billions of dollars. The losses, estimated to top $19 billion as of Friday, are yet to be realized.