Let’s make this REALLY simple:
The SEC sued Virtu.
Virtu hired Paul Atkins as an expert witness to help with its defense.
Then Trump nominated Paul Atkins to RUN THE SEC.
So Virtu had to tell the judge:
“Our expert can’t help us anymore… because he’s becoming Chairman of the agency suing us.”
😳
Does that automatically prove corruption? No.
But should the guy who worked for Virtu now be involved in SEC decisions involving Virtu?
That’s a pretty obvious question to ask.
You don’t need a conspiracy theory.
The paperwork raises the questions all by itself.
@amadefoundation@MaureenSteele_@official__doga Spare us the excuses. Investors were promised a trading window for MMTLP and then the door was slammed shut. Americans were trapped while Wall Street walked away untouched. That is not regulation. That is corruption. #MMTLP
The #MMTLP story will be made into a miniseries one day.
It’s a complete story with many sub stories that include:
Agency corruption
Wall Street greed and collusion
Destruction of wealth on a catastrophic scale
Suicides
Lives lost due to illness and no $$$
Families ruined/divorces etc
Exposure in the lack of transparency with the FOIA process
Loss of public trust in our institutions
✨🎉!!!CONGRATULATIONS SEC!!!🎉✨
On behalf of defrauded investors, I would like to take a moment, on the 3-YEAR anniversary of NBH's S-1 submission, to congratulate the @Secgov and @SECPaulSAtkins on a JOB WELL DONE!!! 👏👏👏
🥂On January 23, 2023, Next Bridge Hydrocarbons (inheritor of The MMTLP Fiasco) submitted a 40M share offering to accredited investors. It has now been 3 YEARS since submitting the registration for NON-TRADING shares...the longest OUTSTANDING registration statement and the SECOND LONGEST approval in the SEC's 93-year history!
🥂To Chairman Atkins: you promised American companies and their investors a "NEW DAY AT THE SEC", with a focus on CAPITAL FORMATION. Who knew the "new day" meant obstructive delays, regulatory overreach, tortious interference, and weaponization of the SEC against a company and investors who have uncovered one of the biggest financial crimes in history. Good job, Chairman Atkins!!!
🥂Chairman Atkins, you promised to focus on the SEC's Mission to:
1⃣ PROTECT INVESTORS: MMTLP, do you feel PROTECTED???
2⃣ MAINTAIN FAIR & ORDERLY MARKETS: What was FAIR or ORDERLY about FINRA's U3 Halt??? WE STILL HAVE A SETTLEMENT ISSUE!!! Maybe consult the bluesheets pulled on December 5, 2022,...2 days before the halt. Or, ask Tradestation, Fidelity, Schwab, Etrade or the FIF "group of members" who asked for you to cover for their collective ass. (See below)
3⃣ CAPITAL FORMATION: Well, that's why we celebrate YOU today. Nice work!!!👏👏👏
🥂To David Saltiel, SEC Former Director of Trading & Markets. Thank you...for engaging with Howard Meyerson, Managing Director FIF. Recent FOIAs show email conversations that prove the ongoing CONSPIRACY between the SEC and broker-dealers to cover-up securities fraud and obstruct NBH's operations and governance. Truly, THANK YOU!!! #RICO
🥂The MMTLP Army hopes you enjoy your new position as Senior Managing Director of the Texas Stock Exchange (TXSE). Can you do investors one more favor, David? Ask your new bosses Citadel and Charles Schwab to cooperate with subpoenas issued by the Nevada Bankruptcy Court (MMAT). Afterall, if nothing is wrong, why dost thou protest too much??? We'd appreciate it, thx!
🥂To FINRA: Awe, did you think we would leave you out on this HISTORIC DAY? NEVER!!! Thank you for everything you have done to cement your role as the Co-Architects of The MMTLP Fiasco: ignoring investor and issuer complaints for over a year, breaking your own rules, U3 halting MMTLP to interfere in trade settlement (protecting shorts from fulfilling their OBLIGATIONS), your historic and grossly inaccurate & manipulative MMTLP FAQ and responses to Congressional Inquiries, and so much more! Looking forward to discovering the rest!!! #FOIA
🥂So, again THANK YOU to you ALL for underestimating defrauded investors and giving us the tools and information we need to expose ALL of YOU!!! 🫶 #Relentless
CHEERS!!! 🥂🎉
Psst...come closer...closer...closer...
WE ARE NOT GOING AWAY!!! 🖕🖕🖕
Seems like someone at the @Secgov is dodging the inevitable.
Great job Greg McCabe! Keep up the pressure...Eventually someone will crack and blow the whistle...
Oh and if you are that soul with a conscience, send me an email. We will get you an attorney and that golden ticket known as your whistleblower protection paperwork.
#mmtlparmy is not going away...
BOMBSHELL THREAD - 💣
If you are following the #MMTLPfiasco then this is a MUST READ THREAD.
Meta Materials former CEO @palikaras lays it out...
Grab a tasty beverage and dive in....
George, this is exactly why trust is collapsing.
When more than 1,500 FOIAs are filed and virtually nothing is produced, when information is withheld not just from shareholders, but from Congress itself, that isn’t transparency. That’s institutional opacity bordering on obstruction.
The real victims here are not abstract “markets.” They are families, retirees, small investors, and everyday Americans who played by the rules and were told, after the fact, that the rules no longer applied to them.
If there is an “open investigation,” it cannot exist in permanent darkness. Trust cannot survive endless secrecy, moving goalposts, and agencies policing themselves behind closed doors. At some point, “investigation” becomes a shield rather than a safeguard.
Public markets only function if the public believes the system is honest. Right now, that fabric is threadbare, by the agencies tasked with protecting it.
This deserves sunlight. All of it.@annvandersteel #MMTLPArmy
Last but not least.
Today, January 12, 2026, MMTLP/MMAT shareholders went to the headquarters of the U.S. Securities and Exchange Commission in Washington, D.C. to place a historic market failure formally on the record.
A U3 trading halt and the sudden disappearance of an active market left an estimated 65,000 investors trapped, with no price discovery, no orderly exit, and no clear remedy.
This was not a normal “risk of trading” event. It was regulator-driven.
We now have documented evidence showing how the financial “musical chairs” began before the merger of #TRCH and #MMAT, and before #MMTLP trading even commenced, involving broker-dealers that have yet to be officially named by FINRA.
Led by the tireless @annvandersteel, and supported by American Made Action team, shareholders stood outside @SECGov headquarters to demand three simple, lawful things (among other important asks):
1️⃣ A full, independently audited reconciliation of all issued shares and short positions in #MMTLP.
2️⃣ Disclosure of internal communications between the SEC, FINRA, and market intermediaries relating to the halt and the corporate action.
3️⃣ Public hearings and a DOJ investigation into how this was allowed to occur, including potential regulatory capture and conflicts of interest involving market infrastructure and intermediaries.
This is now part of the historical record.
Retail investors did not stay silent. For more than three years, they have shown up, documented everything, preserved evidence, and asked only for lawful redress.
To @USHouseFSC and @FinancialCmte, this is now squarely in your remit. We are asking you to do your job. Investigate. Subpoena where necessary. Establish accountability. And ensure this never happens again.
In any case...we soon plan to level the playing field, with, or without you. #BlueLedgerAI
Here’s a MAJOR fraud alert for you. This one will be front page news in the coming months. You heard it here first!🚨🚨🚨
Billions stolen from hardworking Americans in the $MMTLP scandal! FINRA/SEC covering up naked shorts & illegal halt that ruined thousands.
Three years worth of investigating has uncovered regulatory weaponization and collusion to levels that will blow your mind. The #MMTLParmy has undeniable evidence!
@POTUS: Time to drain the Wall Street swamp. Join our press conference at SEC HQ January 12, 2026 at 10am & demand justice!
As one famous poet once said,and as the government and regulators demonstrate on a daily basis, “We need to fight, for our right, to party! @elonmusk@bleedblue18@FareedZakaria
ATTN SEC AND FINRA
The claim that SEC Rule 15c2-11 allows a firm to vouch for a company and make a market without the company is legally incorrect and materially misleading. Rule 15c2-11 does not permit broker dealers to substitute their own representations for issuer involvement. The rule explicitly requires a broker dealer to review current, accurate, and publicly available information that originates from the issuer or its authorized agents, including financial statements, business operations, and control persons, before any quotation can occur. The SEC 2020 amendments reinforced these requirements specifically to prevent broker manufactured or issuer absent markets. A broker does not vouch for a company. It certifies only that it has reviewed required issuer sourced disclosures. Without that issuer information, quotation is prohibited.
FINRA likewise has no independent authority to authorize trading or issue a symbol in violation of SEC rules. FINRA symbol administration is a ministerial function and operates subject to Rule 15c2-11, not above it. FINRA cannot waive issuer disclosure requirements, cure regulatory noncompliance, or legitimize markets disconnected from issuer authorization. Neither the SEC nor FINRA has statutory authority to permit synthetic markets, unresolved settlement obligations, or investor positions divorced from issuer reality. Federal securities law requires issuer based disclosure and lawful settlement, not regulatory fiction.
MMTLP IS COMING FOR YOU
FIF attempts to circumvent regulatory examination efforts by FINRA and the SEC. FIF commits to "maintain anonymity of all responses."
This is during the same time period as the Congressional Letter signed by 74 bipartisan members is awaiting response from Robert Cook (FINRA) and Gary Gensler (SEC).