SEC probes World Liberty Financial partners

[zasad@]

Trump’s $1.5B Crypto Partner Rocked by SEC Allegations as Alt5 Sigma Shares Plunge
https://www.tipranks.com/news/trumps-1-5b-crypto-partner-rocked-by-sec-allegations-as-alt5-sigma-shares-plunge
"Trump’s new crypto venture is already facing turbulence. Reports surfaced this week that Alt5 Sigma, a Nasdaq-listed company that committed $1.5 billion to Trump-backed World Liberty Financial (WLFI), is under investigation by the U.S. Securities and Exchange Commission (SEC). The claims focus on alleged inflated earnings and questionable insider share sales. However, Alt5 Sigma quickly denied the allegations, calling the reports inaccurate.

Reports Link Alt5 Sigma to SEC Probe

According to The Information, the SEC is said to be looking into Alt5 Sigma’s president, Jon Isaac, over accusations that profits were inflated and shares were sold during a surge in price. This kind of activity can raise red flags, since it suggests insider trading or stock manipulation.


But the key point is that the SEC itself has not confirmed any investigation. There has been no official filing, lawsuit, or enforcement action announced. For now, the claims remain based on media reports rather than public records from regulators.
"

[HawkTrader]

Well, the financial market is always filled with news and rumours like this everyday but one thing I do know is that with World Liberty Financial listing a crypto token today, eyebrows will be raised as investors seeks to profit from the listing on several exchanges and liquidity is strong across top T1 exchanges like nance, BG and others.

Heard presale and public sale investors are already in 15x profit post-listing buying at $0.02 and listing at $0.4 today after a long wait

[zasad@]

https://cointelegraph.com/news/developer-trump-wlfi-stealing-tokens
‘Scam of all scams’: Crypto dev claims Trump-linked WLFI ‘stole’ his money

https://x.com/bitfalls/status/1964213177245159656
"Bruno Skvorc
@bitfallsI just got a reply from @worldlibertyfi. TLDR is, they stole my money, and because it's the @POTUS family, I can't do anything about it.
This is the new age mafia. There is no one to complain to, no one to argue with, no one to sue. It just... is.
@zachxbt THIS is the scam of all scams."

[Majestic-milf]

 There are no so many complaints from users that their tokens have been frozen and yet it looks like the explanation being given for their actions isn't adding up. Okay, let's say for Bruce's case, there was a transaction he conducted using Tornado mixer and had links with Garantex and Netex which have both being sanctioned, what then can they say for Tron's founder, Justin Sun's case? It all just seems like there needs to be a proper investigation carried out cause these investors need to be able to access their tokens but freezing their funds without due explanation doesn't look well for them.