Cryptocurrency firm Alt5 Sigma, linked to the Trump family, has parted ways with interim CEO Jonathan Hugh and COO Ron Pitters, according to Bloomberg. The reasons for their departure were not disclosed. In August, Alt5 Sigma entered a $1.5 billion deal to acquire WLFI tokens from World Liberty Financial, a company co-founded by Trump family members. The arrangement allows Trump family entities to receive 75% of the token sales proceeds. Additionally, Trump ally Zachary Witkoff has been appointed as the board chairman, with Eric Trump and co-founder Zachary Folkman serving as board observers.
Alt5 Sigma Parts Ways with Interim CEO and COO Amid Trump Family Ties
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