Financial analyst Keith Gill stirred the markets again after 3 years. Gill, who caused billions of dollars in losses to large companies that opened “short” transactions with his purchases in GameStop shares in 2021, became an event with every step he took 3 years later.

Financial crimes unit investigated

According to the Wall Street Journal, a US media outlet, the financial crimes unit of Morgan Stanley bank, which is behind ETrade, the company Gill traded with, is investigating Gill’s actions. Experts are also considering expelling Gill from the ETrade platform altogether. Morgan Stanley is also said to have appointed an external consultant.

However, freezing Gill’s account or canceling it altogether could also mobilize the GME crowd, which he sort of dominates, and create a completely different picture. The bank’s financial crimes unit is said to be taking this into consideration.

There is also the possibility that ETrade could suffer reputational damage and lose more customers.

$78 million in profit in one day

Gill, known as Roaring Kitty on X and YouTube, posted on Reddit for the first time in 3 years on Sunday evening and showed his new positions in GME shares. Gill, who earned $24 million from his spot purchase in GME and $54 million from his call option in futures, made a total profit of $78 million.

Although GME closed yesterday’s trading day at $28, it had already risen above $44 during the day. Due to the rise in GME, the total loss of investors who shorted this stock has exceeded $900 million…