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Alt5 sigma suspends CEO amid stock drop after Trump crypto deal

Chris Blake

Alt5 Sigma, a company linked to the Trump family's cryptocurrency venture, suspended its CEO Peter Tassiopoulos on October 16 with no public explanation, following a 74% plunge in its stock price. The move comes two months after the firm announced a $1.5 billion deal involving World Liberty Financial tokens. Jonathan Hugh, the chief financial officer, was appointed acting CEO.

Eric Trump confirms real estate tokenization plans with WLFI

AI에 의해 보고됨

Eric Trump, co-founder of World Liberty Financial, has revealed plans to tokenize a real estate project linked to a building under development. The initiative aims to enable fractional ownership for the public using blockchain technology and WLFI's stablecoin USD1. Details were shared in an upcoming CoinDesk TV interview.

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