The Mets’ TV house apologized on Sunday after it “made light of the harassment.” Mets owner Steve Cohen said his family has been dealing with the stock war.
SNY tweeted an image poking fun at Cohen deactivating his Twitter account, which the 64-year-old hedge fund mogul said he did after receiving “ personal threats. ”
“We apologize for the error in judgment,” said SNY, which is still owned by the Wilpon family, as it was not part of Cohen’s $ 2.4 billion purchase of the team in September.
Last week, small investors mobilized online to inflict huge losses on short-selling hedge funds
Cohen’s Point72 Asset Management became entangled in the market turmoil when it invested $ 750 million in Melvin Capital, which was hit hard by the short squeeze.
The online investors later claimed, without evidence, that Cohen and other investment groups had prompted investment platform Robinhood to impose restrictions on GameStop transactions to help offset losses.
“I really enjoyed going back and forth with Mets fans on Twitter, which unfortunately this week was overtaken by misinformation unrelated to the Mets that led to our family receiving personal threats,” Cohen said in a statement after deactivating his account Friday night.
So I’m taking a break for now. We have other ways to listen to your suggestions and remain committed to them. I love our team, this community, and our fans, who are the best at baseball. The bottom line is that this week’s events in no way affect our resources and drive to put a champion team on the pitch. “