Ask HN: Opinions on unprecedented FINRA U3 halt on trading of MMTLP?

Traders were originally told that they could trade until the 12th (SEC, FINRA approved S1). On the 12th, FINRA stopped trading, trapping shareholders who wanted to sell and forcing them into a spin-off (MMTLP into a new company). People estimate double the shares in the float being sold, with a huge number of synthetic shares. Unproven as of yet.