Trump Family
Alt5 sigma suspends CEO amid stock drop after Trump crypto deal
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
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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.