The World Wide Robin Hood Society keeps being mistaken for Robinhood as the trading app faces intense scrutiny amidst the GameStop trading chaos.
The WealthTech decacorn is in the headlines again after reports surfaced that it had locked users out of trading GameStop stocks, prompting Democratic representative Alexandria Ocasio-Cortez to call for an inquiry into Robinhood’s actions.
The app has been used by many small traders as part of the recent week’s trading chaos around GameStop, which has seen small traders bet against massive hedge funds who had put money into the video game store chain’s imminent collapse.
However, as obinhood has been faced by a backlash from users and pundits, it seems that some of that attention has been hurdled in the wrong direction.
On Thursday January 28, the World Wide Robin Hood Society tweeted, “Lovely to have all these new followers. Can we just check that you know that you’re following The World Wide Robin Hood Society in Nottingham and not the Robinhood app. If so, a big welcome from Sherwood.”
While there seems to have been a case of mistaken identity, the World Wide Robin Hood Society seemed to take the mishaps with a smile, even joking with some of the users who tweeted to it.
For instance, one Twitter user asked if the society had any stock tips, to which the organisation replied, “We only know about the old fashioned stocks I’m afraid.”
One concerned Twitter user commented, “Hope the confused aren’t coming too hard on you. I’d say to get a drink at Bugmans Bar to take the edge off but I think Warhammer world is still locked down no?”
The Robin Hood Society replied, “Everyone is being very kind – once they realise who we really are. Rolling on the floor laughing. Still in lockdown here in Nottingham. Will have to drink mead at home. Cheers!!”
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