AMC CEO Condemns Robinhood's Tokenized Stocks, Calls Practices 'Despicable'

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The CEO of AMC criticized Robinhood for promoting tokenized stocks, including AMC, without proper registration under U.S. securities law. The executive labeled the move "despicable, absurd, and unforgivable" and has retained external securities attorneys to investigate the matter. This incident has intensified the ongoing debate over securities versus commodities. Liquidity and crypto markets remain under close watch as regulatory scrutiny increases.

Huo Xing Cai Jing reports that on September 4, the popular meme coin project MEME, which surged a thousandfold today, is linked to a reserve pool paired with tokenized shares of AMC Entertainment (a U.S. cinema company, ticker: AMC). This morning, AMC’s CEO posted a statement criticizing Robinhood, accusing it of promoting tokenized stocks that claim to represent over 190 companies—including AMC—without registering these products under U.S. securities laws. He condemned Robinhood’s actions as an unauthorized association with AMC’s name and underlying stock, emphasizing that AMC has no connection to or endorsement of these products. He strongly denounced Robinhood’s conduct as “despicable, absurd, repulsive, hateful, unforgivable, and卑鄙,” and has immediately engaged external securities counsel to investigate.

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