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.

Is the discord subreddit banned?

Although the subreddit is banned, the Discord continues to operate. Polygon reached out to Discord and Reddit representatives about how closely the two companies work together, considering how many subreddits implement coinciding Discord servers.

Can I get banned for using betterdiscord?

You can get banned for using BetterDiscord if you are using it for some malicious activity or trying to change certain basic Discord functions. Discord will not ban you for just using BetterDiscord, but if you further abuse Discord’s policies or use shady plugins, you risk getting banned.

Why was wallstreetbets banned?

Discord says it did not ban the WallStreetBets server for financial fraud — rather, it was banned because it continued to allow “hateful and discriminatory content after repeated warnings.” The Verge gained access to the server and can confirm the claim that users of the channel were spamming hateful language, including racial slurs.