Regulation· ★★★· neutral·

AMC CEO blasts Robinhood over tokenized AMC stock

  • —Aron targeted Robinhood CEO Vlad Tenev and legal chief Dan Gallagher
  • —AMC says the SEC requires issuer consent for such tokenized shares
  • —The tokens were called "fake, synthetic stock" that could affect capital structure
Why it matters: The dispute sets a precedent: issuer consent may determine whether tokenized equities are legal in the US.
Source: PANews