ALT5 Sigma, associated with the Trump family's crypto initiative 'World Liberty Financial,' is under investigation for potential disclosure violations. The company reported to the SEC that its CEO was suspended on October 16, but internal communications indicate the CEO was placed on leave as early as September 4. This discrepancy has raised concerns among securities experts about possible breaches of disclosure regulations. Additionally, Chief Revenue Officer Vay Tham was also placed on leave amid an investigation into company-related matters. In August, ALT5 Sigma acquired $1.5 billion in WLFI tokens, with over $500 million reportedly directed to entities connected to former President Trump.
ALT5 Sigma Investigated for Disclosure Issues in Trump-Linked Crypto Project
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