Webhowever, should the sec ultimately decide to pursue litigation, they could face the challenge of proving intention behind roaring kitty's memes and portfolio.
Weba gamestop investor who sued keith gill, known as roaring kitty, over alleged securities fraud, dropped his lawsuit just three days after filing it.
Webgill didn't face any criminal penalties, but his employer massmutual was fined $4. 75 million for not properly disclosing that one of their registered brokers held such.