Robinhood rejects AMC CEO’s demand to halt AMC tokenized ‘meme stock’ which offers no shareholder rights

Adam Aron threatened legal and SEC scrutiny; Robinhood's legal chief said the Jersey-issued debt product will remain. The post Robinhood rejects AMC CEO’s demand to halt AMC tokenized ‘meme stock’ which offers no shareholder rights appeared first on CryptoSlate.
Discussion
Related stories

A major outage and corporate backlash hit Robinhood Chain at the peak of its growth
Robinhood Chain’s rapid growth ran into two problems at once on Sept. 4 as the network briefly stopped producing blocks while AMC challenged its fast-growing Stock Token business. On Sept. 4, the Ethereum layer-2 network halted block production for at least 14 minutes, stalling transactions before activity began…

El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF
Bitcoin Magazine El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF El Salvador apparently received bitcoin from private donors rather than using government funds, according to the International Monetary Fund. This post El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF first appeared on Bitcoin…

Japan’s 4% bond yield spike threatens the low-cost borrowing strategy behind corporate Bitcoin buying
Existing fixed debt keeps its terms, while future BitBonds must clear a materially higher funding hurdle. The post Japan’s 4% bond yield spike threatens the low-cost borrowing strategy behind corporate Bitcoin buying appeared first on CryptoSlate.