All articles tagged with #alt5 sigma
The Trump family is involved in a controversial $750 million crypto deal linked to the WLFI token, which could significantly impact their fortune. The deal involves circular transactions with Alt5 Sigma, raising transparency concerns, and the WLFI token is set to debut amid regulatory and market scrutiny, with potential for high volatility and controversy.
ALT5 Sigma, a publicly traded tech firm with ties to the Trump family, plans to raise $1.5 billion by selling shares to fund the purchase of a cryptocurrency created by World Liberty Financial, marking a significant expansion of the Trumps' involvement in the crypto industry amid broader industry trends.
ALT5 Sigma Corporation announced a $1.5 billion registered direct offering and private placement, involving the purchase of $WLFI tokens from World Liberty Financial, to fund its treasury strategy, acquisitions, and operations, with notable leadership changes including Zach Witkoff and Eric Trump joining its board.