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CEO Adam Aron Demands Robinhood Halt AMC Stock Tokens

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Hands building a green wooden ladder with "Revenue 35%" near a Robinhood chart.

The post CEO Adam Aron Demands Robinhood Halt AMC Stock Tokens appeared first on Coinpedia Fintech News

AMC Entertainment CEO Adam Aron has urged Robinhood to halt trading of tokenized AMC shares, saying AMC has no connection to, authorization of or endorsement of the product. Aron questioned the tokens’ legality and said outside securities counsel is reviewing the matter. Robinhood CEO Vlad Tenev responded, “What’s the concern?” Robinhood documents describe the tokens …

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