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BTCC / BTCC Square / Global Cryptocurrency /
Alt5 Sigma Faces Scrutiny Over Auditor Appointment Amid Regulatory and Financial Challenges

Alt5 Sigma Faces Scrutiny Over Auditor Appointment Amid Regulatory and Financial Challenges

Author:
Global Cryptocurrency
Published:
2025-12-29 12:02:01
11
1
BTCCSquare news:

Alt5 Sigma, a Las Vegas-based fintech company pivoting to crypto infrastructure, faces heightened scrutiny after appointing Victor Mokuolu CPA PLLC as auditor. The firm’s Texas license lapsed in August, raising compliance questions as state rules prohibit unlicensed audit work. The appointment coincides with delayed financial filings and Nasdaq delisting risks by 2025.

The company’s turbulent history includes multiple rebrands—from appliance recycling to biotech before entering crypto. Its August deal to acquire tokens from Trump-linked World Liberty Financial preceded management turnover and an unfiled quarterly report. The subsequent auditor replacement aligned with a new treasury strategy emphasizing $WLFI token holdings.

Eric TRUMP joined as board observer during the deal, adding political undertones to the firm’s regulatory challenges. Victor Mokuolu’s personal CPA license remains active despite his firm’s expired registration, complicating oversight narratives.

|Square

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