AMC CEO Criticizes Robinhood Over Stock Tokens; MEME Market Cap Falls Below $40M

KuCoinFlash

Release Time: 2026/09/04 17:02:50

MEME

$0.000509-2.3%

Summary

AMC CEO Adam Aron criticized Robinhood on X for promoting offshore Stock Tokens on its U.S. website, calling it a violation of securities law. On-chain data shows the MEME token’s market cap fell below $40 million, now at $38.82 million. On-chain analysis reveals a sharp decline in trading activity following the comments.

BlockBeats report, September 5: AMC CEO Adam Aron again targeted Robinhood on X, strongly criticizing Robinhood’s promotion of offshore Stock Tokens on its U.S. website. Aron argued that Robinhood is effectively circumventing the spirit of securities laws and creating unauthorized synthetic markets.

Affected by this news, according to GMGN price data, MEME has accelerated downward again, now falling below $40 million, with a current market cap of $38.82 million.

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