ChainCatcher reports that, according to Cryptonews citing the Financial Times, ALT5 Sigma, a cryptocurrency company linked to Trump, is facing scrutiny due to its unlicensed auditor. State documents show that the company's license expired in August and remained unrenewed by the end of December, preventing it from conducting audits under Texas regulations.
The company stated that its auditors are undergoing a mandatory peer review overseen by the Texas Board of Accountancy, which is expected to be completed by the end of January.
The report also stated that the company's stock price has fallen by more than 77% since the beginning of 2025, reflecting growing investor unease as the company struggles to meet disclosure requirements. Due to its failure to file its quarterly report ending in September, the company currently faces the risk of delisting from Nasdaq.
