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ALT5 Sigma, the treasury partner to the Trump family’s World Liberty Financial DeFi project, is facing another wave of controversy after reports emerged about in its SEC filing. This comes shortly after the company removed Acting CEO Jonathan Hugh and severed ties with COO Ron Pitters for undisclosed reasons.

The Trump-family-linked crypto project, World Liberty Financial (WLF), has laid out its governance rules ahead of its token unlock, and the bottom line is clear: the core team holds the ultimate power.

World Liberty Financial (WLFI), the crypto project tied to Donald Trump, is preparing for its public market debut. After a crucial governance vote concluded with nearly unanimous support, the WLFI token is now on a clear path to becoming a tradable asset.

The announcement of an “Official TRUMP Wallet” has created chaos within Trump-linked cryptocurrency businesses as the president’s family quickly distanced themselves from the project. Donald Trump Jr. clarified that the Trump Organization has “zero involvement” with the wallet product announced by Magic Eden and the TRUMP memecoin team.