Alt5 Sigma, a company with connections to the Trump family's crypto ventures, has dismissed its acting CEO, Jonathan Hugh, and Chief Operating Officer, Ron Pitters, due to long-standing legal issues. The company clarified that the decision was not linked to any specific misconduct. Successors have been appointed for both positions, though details on the reasons for these changes were not disclosed.
This leadership shake-up follows Alt5 Sigma's acquisition of the WLFI digital token from World Liberty Financial in August, a deal that saw Trump family ally Zachary Witkoff become chairman of the board. Witkoff, a co-founder of World Liberty Financial, is the son of presidential envoy Steve Witkoff.
Alt5 Sigma Dismisses Acting CEO and COO Amid Legal Issues
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