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stocksSep 13, 2026, 8:12 PM

AMC Chief Asks Robinhood Whether Its Stock Tokens Are Fully Backed

AMC Entertainment chief executive Adam Aron asked Robinhood yesterday (Saturday) whether the shares backing its AMC stock tokens are still there once some are lent to short sellers. He put the question on X to Robinhood chief executive Vlad Tenev and chief legal officer Dan Gallagher. Aron called the token model "abhorrent" and said it turned investing into a "gamified business-oriented casino." R

AMC Entertainment chief executive Adam Aron asked Robinhood yesterday (Saturday) whether the shares backing its AMC stock tokens are still there once some are lent to short sellers. He put the question on X to Robinhood chief executive Vlad Tenev and chief legal officer Dan Gallagher. Aron called the token model "abhorrent" and said it turned investing into a "gamified business-oriented casino." R

Read the full story at Finance Magnates

Source: Finance Magnates