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"E*Trade is considering telling meme-stock leader Keith Gill he can no longer use its platform after growing concerned about potential stock manipulation around his
recent purchases of GameStop
GME +19.7%
options, according to people familiar with the matter.
Shortly before Gill reignited a meme-stock craze in May, he bought a large volume of GameStop options on E*Trade, the people said. This past weekend, Gill posted a screenshot of an E*Trade account showing he owns stock worth $115.7 million and a new set of options that expire later this month. His total gains on the position were at $6.86 million.
The stock of GameStop surged again on his posts, showing the power Gill, also known as Roaring Kitty and DeepF โValue, has as an influencer. GameStop shares rose 31% on Monday and are now up more than 70% since he reappeared."