Brett Harrison, former head of FTX US, has made a long thread regarding FTX US and his time there.
In December, Unusual Whales spoke to SBF where he said tokenized shares of $AMC, $GME were backed 1:1.
Here is a video of Brett saying the same from Sept from a AMA with Reddit.
Transformational. That’s how I would describe this past summer at @HycroftMining.
We know where we're going and what our high-grade discoveries mean. Now we're assembling the people and pieces to take Hycroft to the next level.
Watch my full Hycroft Market Update video: https://t.co/i38vH3zebp
$HYMC #silver #gold #mining
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🚨🍿 4 DAYS. LET’S MAKE THEM COUNT.
Q3 2026 is closing in on $3 BILLION at the domestic box office.
So for the NEXT 4 DAYS, GO TO THE MOVIES. 🎬🔥
Bring your family. Bring your friends. Buy the popcorn. Fill those seats.
Every ticket counts.
Every showing counts.
Every dollar adds to the box office.
We’re not just watching movies…
WE’RE WATCHING HISTORY BE MADE. 🍿🎥🔥
See you at the theater.
#AMC #AMCNeverLeaving #BoxOffice
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This AMC token situation needs to be INVESTIGATED.
They claim these tokens are backed 1:1 by real AMC shares.
Okay—then prove it.
Where are the shares held?
Who is the custodian?
Where are the audited reserves?
How can investors independently verify the 1:1 backing?
“Trust us” isn’t transparency.
If every token represents a real $AMC share, showing the receipts should be easy.
NO PROOF. NO TRUST.
WE DEMAND TRANSPARENCY.
WE DEMAND ANSWERS. NOW.
#AMC #AMCStock #TokenizedStocks #Transparency
Hey there @dangallagher, in the past week you and @vladtenev CEO of Robinhood have made public comments defending your use of and “standing behind” your relatively new Stock Token concept.
I think this practice is abhorrent. It defeats the very ethos of share ownership. Public financial markets were created so that companies could raise capital, and so that investors could share in the wealth created as a result. Not to turn investing instead merely into some gamified business-oriented casino.
If by your own admission you can’t offer or sell Stock Tokens to “U.S. persons” why does your U.S. web site talk about them so much and so favorably?
Vlad: How can a U.S. brokerage firm be proud of creating an offshore Channel Island operation in far off Jersey specifically with the intent to operate outside U.S. securities laws? Is there potential confusion that Stock Token purchasers are getting less than all the rights accorded to real shareholders, and if so do you care? If those tokens are theoretically backed 1:1 by real shares, but hypothetically some of those underlying real shares are in turn lent out to short sellers, are the Tokens really backed 1:1 in fact?
Dan: I think U.S. securities laws have protected the public very well over the past century. You spent much of your career at the SEC. Deep down, in your heart of hearts, how can you really think a world without the precautions imposed by U.S. securities laws creates a better, safer environment for investors?
Choose whatever descriptors you think best make sense under the circumstances: Non-regulated, derivative, synthetic, sham, debt-backed securities trying to simulate actual real stock, or pick your own words if these don’t fit.
Stock Tokens may make you an innovator in your own eyes. In my eyes, they bring your firm dishonor.
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« Trillions of $AMC tokenized stocks backed 1 by 1 with real #AMC shares ».
Directly from the mouth of @brettharrison
The guy who built FTX just after being DIRECTOR OF TECHNOLOGY at CITADEL during 2021 meme stonks saga.
Why TF the SEC can be silent ?
@GaryGensler what’s exactly your job?
This is clear violations of :
Criminal Laws under Federal and State Governments: (Article I, Section 8).
Securities Act of 1933:
•Securities Exchange Act of 1934
•Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010:
+ Treason
$GME #GME #MMLTP
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On Monday, AMC made quite a consequential announcement. We have created a new venture, Leawood Films. It’s a disciplined, low risk way for AMC to distribute movies to movie theaters in the US and around the world. Our goal is simple – get some movies made and released into theaters that might not otherwise be greenlit for theatrical exhibition.
Obviously, our bread and butter will always come from major Hollywood studios, and our other key distribution partners. But if we can get some extra movies made, it will be gravy for AMC as well as for other movie theater operators with whom we will work.
We are pleased to be taking this innovative step forward.