According to the Financial Times, Alt5 Sigma, a US-listed crypto company with ties to the Trump family, has faced serious issues after failing to file financial reports on time and embroiled in corporate governance turmoil. Its new auditor, Victor Mokuolu CPA PLLC, has had its license expire in August, had been penalized for audit compliance issues and failed peer review, and is currently legally prohibited from issuing audit reports. Alt5 claims the auditor is undergoing rectification and expects its license to be reinstated by the end of January 2026. Alt5 previously announced a partnership with the Trump family's World Liberty Financial and holds approximately 7.3 billion WLFI tokens.
FT: Alt5 Sigma's change of auditing firm faces scrutiny; new auditor's license has expired.
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