Trump-Linked Crypto Firm Faces Nasdaq Delisting Risk Amid Auditor Scrutiny
Alt5 Sigma, a Nasdaq-listed crypto treasury company with ties to the Trump family, faces escalating regulatory challenges. The firm risks delisting after appointing an auditor with an expired license and a history of regulatory fines. Victor Mokuolu CPA PLLC, the newly engaged audit firm, failed a peer review and remains unlicensed in Texas as of December 26.
The Las Vegas-based company pivoted from biotech to digital assets this year, aiming to become the first public entity to hold WLFI—the token tied to Donald Trump's World Liberty Financial crypto venture. Its financial transparency has deteriorated amid delayed quarterly filings and the controversial auditor switch.