Seriously? What’s the concern you ask, @vladtenev? The list of concerns is almost existential.
U.S. securities laws are in place to protect investors. For good reason, we spend millions and millions of dollars every year to comply with U.S. securities laws. In good. conscience, how can Robinhood as a U.S. company set up an operation in far offshore Jersey, an island 3000 miles away, and market a security sort of posing as AMC in some shape or fashion, and not comply with U.S. securities laws. That is shocking and shameful.
Our past issuance of equity to strengthen our balance sheet was vital to our success. Your setting up some kind of fictitious synthetic equity market decouples stock token ownership from a company’s ability to control its own capital raising efforts.
Share ownership gives shareholders various rights, including the right to vote their shares. Your stock token pretend to be some form of stock ownership, but disclosures to the contrary notwithstanding, they are not ownership and they deprive investors of their rights.
This quasi-fake market you are creating on the island of Jersey sows distrust amongst the public about financial markets in general. There already is distrust in financial institutions, you are potentially making it far worse.
These are but a few of my concerns about your actions.
I hereby call on you and Robinhood to voluntarily CEASE AND DECIST the trading of AMC stock tokens. If you don’t, our high priced securities counsel has been asked to see whether we can force you to stop.
I also wonder how can the SEC possibly support your sham ignoring of U.S. securities laws. You can be sure we will be asking them.
Stock Tokens are NOT registered in the United States...
Yet here goes @BrettHarrison telling the world he sellin em🤧😭
Ayo @CEOAdam this guy is selling tokenized #AMC to @mcuban🤨 #ApesNotLeaving
Of course @SECGov does NOTHING even with evidence in your FACE !😏👇🏾
🚨VERDADES QUE SALEN A LA LUZ ⚠️
Klaus Schwab el fundador del Føro Ecønómico Mundial es FILMADO con CAMARA OCULTA presumiendo de a quién tiene en el bolsillo:
"Políticos, Medios, Científicos, ONGs..."
¡Europa y el mundo entero! EN MANOS DE PSICÓPATAS CRIMINALES
CÁRCEL para este monstruo y todos esos políticos, medios, ONG's y cada persona que se haya vendido a estos criminales. 🔥
🚨 BREAKING
THE NETHERLANDS JUST PULLED 86 TONNES OF GOLD WORTH OVER $11 BILLION OUT OF NORTH AMERICA
59 tonnes were sold in New York and immediately bought back in London
London now holds more Dutch gold than any other location
And the reason is simple
The Dutch central bank says gold stored there can be accessed immediately during a crisis
They are not buying more gold
They are moving it somewhere they can use it the moment the system comes under pressure
THIS IS WHAT CRISIS PREPARATION LOOKS LIKE
A Labour-run London council has been confronted with "deep concerns" over the signing off of a school forcing female pupils to wear hijabs!
Barnet Hill Academy, an independent Islamic faith school, requires girls from the age of seven to wear hijabs and will become state-funded from the beginning of September after the local authority approved its application last month.
YOU will be paying for these backward practices.
🚩🚩🚩This is tokenization of securities in action!
Market makers want tokenized securities so they can borrow shares when none exist — even if the broker (like FTX) doesn't actually have a single share of the underlying stock 🚨
@JDVance this allows them to naked short stocks with zero available shares as the MMs only need "reasonable belief" that the broker has the shares to lend, but not actual proof of shares backing the token 🧠🤯
The British military has just suspended training exercises. The govt believes the money is better spent on 3rd world migrants invading the country and supporting their lifestyle.
“The problem with socialism is that you eventually run out of other people's money.”
― Margaret Thatcher
🚨BREAKING: Youth unemployment reaches 800,000
Just to be clear, that means young people who aren't in work or education
We've destroyed our economy by flooding the market with migrants and leaving nothing for the young to do
Immigration really does ruin everything