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BTCC / BTCC Square / Global Cryptocurrency /
Eric Trump Removed from ALT5 Sigma Board Following Nasdaq Review

Eric Trump Removed from ALT5 Sigma Board Following Nasdaq Review

Author:
Global Cryptocurrency
Published:
2025-09-10 06:05:02
4
2
BTCCSquare news:

Eric Trump's anticipated board appointment at fintech firm Alt5 Sigma has been abruptly reversed after Nasdaq intervention. The company now designates him as a mere observer, a demotion signaling regulatory scrutiny over the Trump-linked $1.5B World Liberty Financial deal.

Zak Folkman, WLFI co-founder, emerges as the new director nominee—a pivot underscoring Nasdaq's unspoken listing rule enforcement. The SEC filing exposes deeper fractures: Alt5 Sigma's Canadian subsidiary faces legal entanglements while its former CFO wrestles with bankruptcy proceedings.

|Square

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