RFK Jr. Says He Bought GameStop ‘To Punish Hunter Short Selling To The Moon’

As crypto policy continues to divide political parties, US presidential candidate Robert F. Kennedy Jr. – better known as RFK – is now showing his love for meme stocks.

In a post on Twitter on Wednesday, the independent candidate he said. He bought $24,000 in GameStop stock as a way to “punish predatory short selling.”

game stop (NYSE:GME) is a video game retailer in 2021 when amateur traders start buying its stock and driving up its value. He did it a Back last week In the year 2021 After a trader starts buying, It is known as Roaring KittyFirst posted online in nearly three years.

“We want a free and fair market,” RFK tweeted. “Let us punish a hunter who sells himself for the moon. After all, I'm riding with you, not going.

He added: “My administration will support Apple's retail revolt and aggressive reforms to Wall Street.”

RFK was referring to Wall Street firms that had initially shorted GameStop stock, betting that the price would drop. The Business Chaos of 2021 aims to disrupt this strategy and drive investment among ordinary citizens.

Roaring Kitty—real name Keith Gill—urges people to invest. The frenzy eventually led to chaos on Wall Street as stock prices skyrocketed.

Despite this, it was revealed that major Wall Street firms such as BlackRock and Vanguard owned shares of GameStop and made billions of dollars as a result.

Such investments are now known as meme stocks – shares of companies that have become popular on internet platforms. Meme shares have led to the rise in popularity of cryptocurrencies, later known as cryptocurrencies meme coins.

Both Mem Coins and Shares Rise in price After Roaring Kitty returned last week with some investors Get a big profit.

Crypto Trump is becoming a very important issue in politics Dating cryptocurrency holders And US President Joe Biden found himself He clashes with some in his own party. on federal space regulation.

RFK is not a newcomer to the scene, and has aligned himself with the digital asset industry before. He earlier he said. He wants to support US dollars and treasury bills Bitcoinand he vowed to do it Put the US budget on the blockchain If selected.

Edited by Ryan Ozawa.