US EditionEric Trump Removed From Board Role After Firm Consults Nasdaq
Eric Trump's board role at Alt5 Sigma was changed to observer after Nasdaq consultation to comply with listing rules; WLFI token holdings linked to Trump family total $1.5 billion.
- Eric Trump was removed from Alt5 Sigma's board in 2025 after a Nasdaq compliance review and now serves as a board observer.
- The change followed discussions with Nasdaq to comply with listing rules requiring majority independent directors on the board.
- Alt5 Sigma announced the $1.5 billion deal with World Liberty Financial, co-founded by Donald Trump and his sons, involving digital token purchases.
- As of September 8, World Liberty Financial tokens traded at $0.2092, valuing Alt5 Sigma's holdings at $1.5 billion and reflecting market volatility.
- The leadership change highlights regulatory influence on corporate governance at Alt5 Sigma and may affect market confidence and future compliance monitoring.
19 Articles
19 Articles
WLFI and What Eric Trump's Alt5 Exit Means For Its Future
Launched in late 2024, World Liberty Financial (WLFI) is a governance token and decentralized finance (DeFi) platform that the Trump family has been actively promoting as a way to connect blockchain technology with conventional banking. Partnerships like a $1.5 billion treasury arrangement with Alt5 Sigma (a Nasdaq-listed fintech) to buy WLFI tokens have given it a stronger legitimacy and are meant to get more people to know about it indirectly.…
Eric Trump removed from company board in wake of firm's NASDAQ consultation - Conservative Journal Review
President Donald Trump’s children have followed in his footsteps to take on impressive roles in major businesses, though their reception in those positions has been met with varied reactions. Recently, first son Eric Trump, who has never been as politically involved as most of his siblings, was removed as a board director of Alt5 Sigma (WLFI). This occurred in the wake of the firm's consultation with NASDAQ officials, as Forbes reports. Accordin…
Eric Trump Booted From Cryptocurrency Board After Company Talks With Stock Regulators
Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical …
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
