

I think the assumption was that the shortened window to list it in the NASDAQ 100 in 15 days meant that it would be bouyed by 401k money. I don’t think early investors planned to be able to pump and dump so effectively that US retirement savings as a whole weren’t enough to keep it up.




Some guy made a UI for Lemmy, called tesseract. Then he hid secret blacklists within that UI which automatically blocked a bunch of leftist and trans content, as well as some generic spam stuff. Someone noticed that a trans community was blocked when accessed through tesseract, and so they did some digging and published the blocklists.
Guy that made tesseract calmly and reasonably wrote a rambling “farewell” letter where he basically said we’re all insane and he’s done trying to make Lemmy a “better” place, and included ddos code within the farewell letter targeting the instance that first identified the blacklists.
Now they’ve spent the last 2-3 days arguing how great the tesseract blacklist was under various alt accounts.