🚨 BREAKING: President Trump just put a bounty on fraud, and every American can cash in.
He announced the Fraud Whistleblower Incentive Program today. You report fraud at https://t.co/XVTU1E4nTj, and if it's real, you get paid. Trump's words: "If you find a billion dollars, we are giving a commission to that person of 1%."
Find 10 billion, and that's 100 million in your pocket.
California's answer was reportedly a law to shut down Nick Shirley. Trump's answer is to deputize the whole country.
The fraudsters spent years robbing us blind. Now 330 million Americans are watching, and every one of them has a reason to turn them in.
BREAKING: Trump has revealed his new anti-fraud program set up to reward people who expose fraud with a 1% commission on the money uncovered. "If you turn somebody in and you, let's say report and you find $1 billion, we are giving a commission to that person of 1%."
I am not going away @vladtenev@DanGallagher
AMC Entertainment does not consent to Robinhood creating Stock Tokens to replicate AMC shares in the United States (the SEC requires you to get our consent, or failing that, at least with us to stand down). They are fake, synthetic shares, which could impact our capital structure.
AMC should control our financial destiny, not Robinhood.
Dividends from $AMC under new debt deal.
Thanks for those who asked me to look deeper.
I cross checked all three #AMC lien and loan documents and yes there does appear to be a carve out in all three that allows up to $50M (lifetime) cash dividends allowed, as long as there is no event of default.
*Lifetime means for the life of these loans/lien.
OVER A BILLION COUNTERFEIT SHARES
Greg McCabe, CEO of Next Bridge Hydrocarbons, says the evidence points to potentially more than a billion counterfeit shares tied to his company.
On Going Rogue with Lara Logan, McCabe explains why he believes what happened to Next Bridge is not an isolated case.
“We are not an outlier. We are the tip of the iceberg.”
McCabe argues that similar practices extend across the financial markets, pointing to concerns raised around GameStop, AMC, President Trump’s Truth Social and Elon Musk’s Tesla.
Lara Logan asks the central question: If this can happen on this scale, what does it say about the regulators charged with protecting investors and the integrity of the markets?
@GregMcCabeJr | @GoingRoguewLara
Watch Full Episode Here:
https://t.co/zeOoJlOREH
Support Going Rogue:
https://t.co/XWxZq2aL1T
#LaraLogan #NakedShortSelling #WallStreet #FinancialMarkets #MMTLP
Hey there @vladtenev and @DanGallagher: My voice will stay loud. You supported the SEC on U.S. stock tokens. They must carry voting rights, and companies can opt out. How hypocritical of Robinhood if not adopting those same principals offshore. Don’t spit in the face of the SEC.
On Monday (9/21), SEC Commissioner Hester Pierce resigned her post effective October 2. That means there’ll be only 2 SEC Commissioners, out of the 5 mandated by law. Investors are best protected by an active vibrant SEC. I hope those 3 vacancies get addressed in the near term.
I want to extend my highest praise to Paul Atkins, Chairman of the U.S. Securities and Exchange Commission, for the wise decision — perhaps a better characterization being the brilliant decision — he announced today on behalf of the SEC about Stock Tokens.
The SEC granted a five year period of experimentation on this topic in U.S. markets. In doing so, the SEC laid out some inviolate and unequivocally annumerated conditions:
The SEC highlighted that “Investor Protection Is Not Optional.” The SEC clearly laid out that even as it puts forward an “Innovation Exemption,” the SEC has an implicit right to govern on this issue. This means that at least within the U.S., there is an underpinning that appropriate regulatory bodies can regulate
as they think is needed. I believe that over the last full century, investors have best been protected when U.S. regulatory bodies have been involved and U.S. securities laws have been applicable. Thank you, SEC.
The SEC also emphasized that there can be “No Synthetics.” Any such Stock Tokens must carry full voting and dividend rights. No synthetics is such a vital and basic concept. Thank you, SEC.
Also of crucial importance, the SEC mandated that “Issuers Can Object.” It said that issuers of stock must have the opportunity to object and prevent their security from being trading on a Tokenized Securities Venue if companies so choose. This puts companies in charge of their own securities and capital structures, not brokerage houses. Thank you, SEC.
I applaud what the SEC did today. Bravo!
And @vladtenev and @dangallagher I note that at Robinhood you accepted and supported the SEC’s ruling today. I call on you now to adhere to the exact same standards internationally. How hypocritical would it be if Robinhood’s stock tokens abroad were to differ materially from stock tokens in the U.S. on these hyper-important matters of investor protections, synthetics and issuer objections.
Adam Aron
Chairman and CEO
AMC Entertainment
In my crosshairs as much as Robinhood’s shameful Stock Tokens and the trademark- infringing meme coins that they trade: dreaded TICKET SCALPERS.
So far, we have reclaimed more than 1,600 AMC tickets from resale sites posted there.
Scalpers beware, AMC is coming after you.
If you're insolvent, tokenization gives you solvency. Or rather the appearance of it and more time to keep operating.
Is #Robinhood insolvent @vladtenev !?!?
....
"FTX is fine. Assets are fine."
- SBF Nov 7th (3 Days before bankruptcy)
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.
I'm old enough to remember that after FTX collapse the CTB #AMC went to over 1000%. Do you remember that @CEOAdam?
Tokenized stocks hide REAL value for the companies they represent and their shareholders.
🚨 AMC VS. ROBINHOOD JUST HIT CNBC
Adam Aron is publicly challenging Robinhood over unauthorized “AMC stock tokens” that carry AMC’s name but provide no voting rights, no direct ownership and no benefit to the company.
If it isn’t backed 1:1 by real AMC shares, then what exactly are they selling?
Apes deserve transparency. $AMC 🦍🍿 @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.
Only 2 weeks in theatres so far, this week Spider-man: Brand New Day surpasses $700 million in industry-wide domestic box office, $1.7 billion globally. It’s gotten here faster than any previous film ever. It has tons of running room for much more ahead. See it at AMC and Odeon.
SPIDER-MAN: BRAND NEW DAY crossed the $1.2 BILION mark at the global box office yesterday.
It’s now on track to surpass $1.7 BILLION worldwide this coming weekend.