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Barstool Sports founder and CEO David Portnoy, who became known for day trading after the coronavirus pandemic halted sporting events, accused the heads of trading app Robinhood of criminal behavior Thursday after it prevented users from buying GameStop stock in an apparent assist to troubled hedge funds.
"I've been trading heavily since quarantine started and I was shocked by this," Portnoy told "Tucker Carlson Tonight". "I personally did invest in AMC and Nokia. Those are two of the stocks that the Reddit guys and the Wall Street Bets guys were pushing. I believed in the power of the Internet."
"When I saw what Robinhood was doing -- ironically Robin Hood [the app's eponym] took from the rich and gave to the poor even though they do the exact opposite -- I was stunned," Portnoy added. "I think it's criminal. I think there has to be an investigation. I think people have to go to jail."
