AMC CEO Demands Robinhood Halt Stock Token Trading, Robinhood Refuses
AMC CEO Adam Aron has demanded that Robinhood cease trading of its AMC stock tokens, stating that the company's legal counsel is evaluating options to force a halt. Robinhood's Chief Legal Officer, Dan Gallagher, rejected the request, telling Aron to send his lawyers for further discussion. The on-chain supply of the token has reportedly increased from 157,844 units.
Summaries are written by AI from the original article. Not investment advice.