coin-img-ETHETH+3.08%coin-img-BTCBTC+3.54%coin-img-UCNUCN+0.47%coin-img-SOLSOL+4.72%coin-img-XRPXRP+7.75%coin-img-HYPEHYPE+0.26%coin-img-USDCUSDC-0.01%coin-img-ASTERASTER-3.93%coin-img-ETHETH+3.08%coin-img-BTCBTC+3.54%coin-img-UCNUCN+0.47%coin-img-SOLSOL+4.72%coin-img-XRPXRP+7.75%coin-img-HYPEHYPE+0.26%coin-img-USDCUSDC-0.01%coin-img-ASTERASTER-3.93%coin-img-ETHETH+3.08%coin-img-BTCBTC+3.54%coin-img-UCNUCN+0.47%coin-img-SOLSOL+4.72%coin-img-XRPXRP+7.75%coin-img-HYPEHYPE+0.26%coin-img-USDCUSDC-0.01%coin-img-ASTERASTER-3.93%coin-img-ETHETH+3.08%coin-img-BTCBTC+3.54%coin-img-UCNUCN+0.47%coin-img-SOLSOL+4.72%coin-img-XRPXRP+7.75%coin-img-HYPEHYPE+0.26%coin-img-USDCUSDC-0.01%coin-img-ASTERASTER-3.93%

WLFI Reserve Partner ALT5 Sigma Faces Potential SEC Probe Over Disclosure Discrepancies

ALT5 Sigma, a reserve partner of Trump-linked crypto project World Liberty Financial, disclosed in an SEC filing that its CEO was formally suspended on October 16, though internal emails show the board placed him on "temporary leave" as early as September 4, Forbes reports. Securities experts cited by Forbes indicated the timing discrepancy may violate disclosure rules, as SEC regulations require public companies to report material executive changes within four business days via Form 8-K. The same email revealed Chief Revenue Officer Vay Tham was also placed on leave due to a board special committee investigation into "certain matters related to the company." In August, ALT5 Sigma purchased $1.5B in WLFI tokens through circular transactions, with an estimated over $500M flowing to entities linked to President Trump, per the Forbes report.
WLFI
WLFI-2.84%
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