Chris A

[Adam Aron @CEOAdam]

Banner headline and article in Variety:

Summer Box Office Breaks All-Time Record With $4.67 Billion

“Need proof the movies are really, truly back? The summer box office was already the biggest since COVID upended the industry in 2020 — and now the season has become the highest-grossing of all time. Domestic ticket sales from May 1 through Labor Day on Sept. 7 stand at $4.76 billion, according to Rentrak.” https://t.co/MdY85Aztnn

[Adam Aron @CEOAdam]

In my opinion, one that is shared by others, that’s a terrible lapse in your judgement @vladtenev

Playing fast and loose with U.S. securities laws is not something that brings honor to Robinhood. It is not one that adds integrity or credibility to financial markets.

By your own admission, in this instance you are not adhering to U.S. securities laws, and therefore you can not offer or sell these offshore island of Jersey tokens to U.S. persons. And yet, your company boasts about them on your U.S. web site.

This practice is something that you should not be standing behind.

[Adam Aron @CEOAdam]

CEASE AND DECIST in all caps was my attempt at humor. It was a cross between Desist (which means to stop) and De-cyst (which would mean to remove a cyst, something that causes pain and discomfort).

What you know about U.S. securities laws apparently is that you are happy to ignore them if you simply disclose that you are ignoring them.

If your offshore Stock Tokens can not be offered or sold to U.S. persons, why are you touting them on your U.S. web site?

If it is not illegal, it should be. And in any case, it displays a terrible lapse of judgement on your part. Wisdom is displayed not just by obeying the strict letter of the law, but by doing what is right.

Shame on you.

[Adam Aron @CEOAdam]

And @vladtenev here is a similar view:

[Adam Aron @CEOAdam]

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.

[Adam Aron @CEOAdam]

Robinhood apparently is behind an effort related to “tokenized real-world assets including Stock Tokens” for AMC Entertainment (and supposedly 190+ other companies). They are not registered under U.S. securities laws !!!!!!

I find this practice to be contemptible, outrageous, disgusting, detestable, inexcusable, vile. How can it possibly be legal? We have no connection to this at all, and do not condone it in any way.

We immediately are going to have our outside securities counsel look into this.

https://t.co/y3yf3VGdWz
Stock Tokens are not registered under U.S. securities laws and may not be offered, sold, or delivered, directly or indirectly, in the United States or to, or for the account or benefit of, U.S. persons. Offers and sales of Stock Tokens are subject to restrictions in other jurisdictions, including, without limitation, Canada, the United Kingdom, and Switzerland. A full list of the jurisdictions in which offers or sales are restricted or prohibited is available here: https://t.co/y3yf3VGdWz
Robinhood Assets (Jersey) Limited is a private limited company incorporated in Jersey, with its registered address at First Floor, La Chasse Chambers, Ten La Chasse, St. Helier, JE2 4UE, Jersey. The Issuer is registered under the registration number 162428.
Stock Tokens have not been and will not be registered under the U.S. Securities Act of 1933, as amended from time to time (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States. Stock Tokens may not be offered, sold or delivered within the United States to, or for the account or benefit of U.S. Persons (as defined in Regulation S under the Securities Act ("Regulation S")), and (ii) may be offered, sold or otherwise delivered at any time only outside of the United States and to transferees that are not U.S. Persons (as defined in Regulation S)….

©2026 Robinhood Markets, Inc. All rights reserved.

[Brad. M @D1ssoluti0ng0v]

@vladtenev The concern is not mysterious.

You put AMC’s name on a Jersey debt note, sold it as an “AMC Stock Token,” and then asked the CEO of AMC what the problem is. That is the problem.

Retail is not confused about the wrapper. We know it is not a share. No vote. No ownership. No claim on the company. You said that in the fine print. You still used the ticker, the brand, and the price of a company that never hired you to package its equity.

Then you put that wrapper on a permissionless chain with a thin float. It trades 24/7. It sits in DeFi pools. It gets used as collateral and as the quote asset for memecoins. When a small token float gets shoved away from the NYSE print, that is not “innovation.” That is a second AMC market you created without AMC.

A 1:1 claim is not an answer. It only helps the listed stock if you buy real shares to mint. If you mint against inventory, hedges, locates, or delayed settlement, you created extra AMC exposure without extra demand on the tape. Discount arbitrage can hit the real stock. Premium minting can add more wrappers instead of lifting offers.

You blocked this from U.S. persons and still wrapped a U.S. company. Then you replied to the CEO with “What’s the concern?”

The concern is you built a synthetic AMC market, kept the economics, left AMC with none of the control, and treated a shareholder-rights question like a support ticket. @RobinhoodApp @RobinhoodCrypto

[Chris A @cmonstocks]

@masked_investor AMC can make and capitalize on AI movies

[Chris A @cmonstocks]

@JAK__KIDD @420yooper69AMC @SECGov @FINRA @FBI @DOGE_SEC How many people work at the SEC

[Chris A @cmonstocks]

@GregIsKitty There’s a pattern with stocks somewhere with the top five short sellers Time to dig and uncover the corruption.

[Chris A @cmonstocks]

@OldJimZimmer Makes sense. Them add shopping.

[Chris A @cmonstocks]

@KatStryker111 Hang in there as each day does get better. Thank you for all you do in life and for the amc community.

[Chris A @cmonstocks]

@openmainnet cmoncj

[Chris A @cmonstocks]

#DaylightSavingTime if 50 percent want standard time and 50 percent want day light savings. Why not split the difference and change the time 30 minutes and leave it alone. Issue solved

[Chris A @cmonstocks]

@RealThomSieloff @majeed66224499 Thoughts!

[Britt Lucid Life Vibes @LucidLifeVibes]

👀 Text from a friend who has also invested in IQD and a few other currencies. Has anyone else heard about this out of Cuba or anywhere else about the PM of Iraq found guilty of corruption? It's an international conversation with all eyes on Iraq exposing all the corruption.

[Chris A @cmonstocks]

@PiListingNews @cmoncj

[Chris A @cmonstocks]

@PiNewsMedia @cmoncj

[Chris A @cmonstocks]

@RealThomSieloff Thanks for your insight

[Chris A @cmonstocks]

@kshaughnessy2 We the people are getting ripped OFF

[Chris A @cmonstocks]

@GuntherEagleman All these senate committees are a big waste of time and a big show. Just look at how the GME buy button was handled.