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.
The fact that the House just declared a recess partly to prevent the new Epstein petition by Massie from being discussed before midterms, should be a bigger story.
The fact that Todd Blanche keeps refusing to comply with the court order to release the Epstein files following Katie Phang's lawsuit, should be a more significant story.
The fact that the Epstein Estate ACTUALLY PAID a settlement to one of the women who alleged that Donald Trump raped her as a minor, and it was paid AFTER Epstein died, as told under oath by Epstein's longtime accountant, should be a more significant story.
The fact that Trump said he wasn't ever on Epstein's plane and then we found out he was, should be a more significant story.
The fact that senior officials gathered in the Situation Room to concoct and coordinate an Epstein coverup that should be a holy shit story, most significant of all.
And when you combine ALL these stories and add to it his hiring of Alex Acosta, the birthday card, the movement of Maxwell to a more lenient facility, and then - especially - his panicked behavior on all things Epstein, it really should have ended his presidency, and at any other moment of our last 250-years, it would have.
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.
This is what oligarchy is:
Elon Musk, the richest man alive, plans to spend at least $100 million to help elect Republicans.
We must end this corrupt campaign finance system, get rid of Citizens United, ban super PACs and move to public funding of elections.
Congress did one and only one thing today.
The House passed a bill to withhold money from universities if they don’t play nice with Israel.
I voted No.
It’s not proper for our federal government to coerce universities into engaging with any particular foreign country.
“Carpenter V. United States” is literally the Supreme Court case that can be used to terminate ALL mass-cam surveillance technology rollouts, in all 50 States.
The Court held that acquisition of movement data on citizens falls under the 4th Amendment; and that ALL government agencies, at all levels, must first obtain a warrant signed by a judge before collecting that data on private, otherwise-unaccused citizens.
Your local police department is a government agency, and is NOT exempt from that REQUIREMENT.
If your community is resisting Flock, Axon, or any other surveillance-company stooges, arm yourselves with US Case Law and Precedent before undertaking the task.
We don't need the 25th Amendment. We would get Vance then and that's not an upgrade. We need Article II, Section 4 to remove Trump and everyone in his administration.