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Reddit users have been wondering this week whether Keith Gill is behind Roaring Kitty’s recent social media posts.
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The account “Roaring Kitty X” began tweeting for the first time in three years on Sunday, sparking a resurgence in GameStop stock.
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Inactivity on Gill’s other social media accounts, including Reddit and YouTube, raised suspicions among Reddit users.
Meme stock fans want to know: Is Keith Gill really behind the flood of tweets that caused GameStop shares to rise by over 100% this week?
Reddit users have been speculating and debating this question since Gill’s X-account @TheRoaringKitty made its first post in three years on Sunday.
Questions about who exactly posted on that account were heightened by the fact that Gill has not posted on his other two social media accounts on Reddit and YouTube. Moreover, the 58 tweets that have come from @TheRoaringKitty since Sunday are mostly compilations of edited-together movie scenes.
If a message is being sent to the loyal followers of meme stocks, it is quite inscrutable.
Reddit users wondered why Gill himself didn’t appear, as he did during the boom times of 2020-2021, when he posted videos of himself discussing why he liked GameStop.
But the real suspicion about who is behind the @TheRoaringKitty X account has been raised through a tweet on Monday He claims Gill sold his X-account to @SCHL0MS, a conceptual artist and crypto enthusiast known for stunts like blowing up a Lamborghini and spreading the widespread rumor that Google was shutting down Gmail earlier this year.
The user behind the X account @SCHL0MS posted a screenshot on April 24, asking @TheRoaringKitty about X: “Would you be interested in selling this account? I noticed you haven’t posted in a while and would be willing to make a serious offer.”
In the screenshot, Gill responded to the message by saying, “If you’re serious, yes, I might consider an offer,” followed by his email address.
Polymarket, a website that allows users to bet on the outcome of events using cryptocurrencies, responded to @SCHL0MS’ tweet by saying it could “confirm” that the transaction took place and that it contributed to the sale of Gill’s X account.
However, screenshots can easily be altered and @SCHL0MS has a long history of conceptual art aimed at fooling the internet. Business Insider cannot confirm the validity of what was posted on X.
“The theory that he sold his account is as plausible as any other at this point, but I need much stronger evidence before I believe that,” one Reddit user responded to the question.
Polymarket told Business Insider that the @SCHL0MS account was “an experiment conducted by Polymarket in conjunction with Remilia Corporation. I cannot comment further on who currently owns @TheRoaringKitty.” Remilia Corporation is a decentralized autonomous organization and art collective.
Gill did not respond to a request for comment sent to Business Insider via his other social media accounts.
Knowing @SCHL0MS’s history as an artist troll, Reddit users are on guard.
“Still, it seems a little suspicious so I’m filing it under ‘tin foil hat,'” said one Reddit user.
“The burden of proof is on him, he is the one sticking to his claim. Since he actually blew up a Lambo, I have no doubt that he has enough money to buy the account if an offer was considered. I’m sure we will know the truth about who is running the account soon enough,” said another Reddit user.
One strategist noted this week that the huge run-up in GameStop stock followed an unusual explosion in trading volume in GameStop options, with a burst of activity in deep-out-of-the-money call options in the weeks leading up to RoaringKitty’s Sunday meme post.
“It’s probably all legal, but someone has manipulated it beautifully,” said Steve Sosnick, strategist at Interactive Brokers.
Read the original article on Business Insider
