{"id":1119,"date":"2026-06-10T09:13:11","date_gmt":"2026-06-10T09:13:11","guid":{"rendered":"https:\/\/nationwideinterstatemovers.com\/?p=1119"},"modified":"2026-06-10T09:13:11","modified_gmt":"2026-06-10T09:13:11","slug":"trump-family-scores-massive-payday-as-company-falls-apart","status":"publish","type":"post","link":"https:\/\/nationwideinterstatemovers.com\/?p=1119","title":{"rendered":"Trump Family Scores Massive Payday as Company Falls Apart"},"content":{"rendered":"
\n

Investors have seen steep losses since putting their money on a fintech firm that partnered with a Trump family-backed crypto venture\u2014but the president\u2019s family got the better end of the deal, according to a new report.<\/p>\n

Read more Nancy Mace Hit With Total Embarrassment During CNN Segment<\/a><\/p>\n

ALT5 Sigma, now known as AI Financial Corp., teamed up with the Trump family\u2019s World Liberty Financial last August in a deal that the president\u2019s sons, Donald Jr. and Eric, celebrated with cheery photos at the Nasdaq MarketSite in New York.<\/p>\n

\n

Under the deal, ALT5 acquired $1.5 billion in crypto tokens from World Liberty Financial. In turn, President Donald Trump and undisclosed members of his family were entitled to a staggering $500 million in proceeds from the sale, according to WLF disclosures first reported by CNBC.<\/p>\n<\/div>\n

But not everyone was as lucky.<\/p>\n

Just a day before announcing its WLF partnership in August, ALT5 stock closed at $8.97. Since then, however, the company\u2019s stock has fallen to 66 cents per share\u2014a loss of more than 90 percent. Now, according to CNBC, AI Financial Corp faces delisting from Nasdaq in the next two weeks if it cannot raise its price. Nasdaq declined to comment to the publication.<\/p>\n

Last April, Democracy Defenders Fund wrote to the Securities and Exchange Commission demanding that it \u201ccommence an independent investigation\u201d into ALT5 \u201cwithout delay,\u201d but it never received a response.<\/p>\n

\u201cThe question now is: What happened to all that money?\u201d Virginia Canter, the group\u2019s chief anti-corruption counsel, told CNBC.<\/p>\n

The Trump Organization, led by Don Jr. and Eric, did not immediately respond to a request for comment. <\/p>\n

Read more Trump Goons Melt Down in Last-Minute Battle Over UFC Circus<\/a><\/p>\n

In an emailed response to CNBC, Trump spokeswoman Kimberly Benza said, \u201cNeither Eric nor Don have any involvement in ALT5, nor have any visibility to the company. Neither have ever been on the board, know anything about the leadership team, or have ever been involved in their operations.\u201d <\/p>\n

The report notes, \u201cThere is no evidence that anyone involved in ALT5 Sigma\u2019s August stock sale, which ultimately benefited the Trump family, tried to exploit that relationship for their own benefit.\u201d<\/p>\n

Eric has forcefully distanced himself from ALT5.<\/p>\n

\u201cI have zero leadership or decision-making in the company,\u201d he said in a rant on X last month after MS NOW\u2019s Jen Psaki reported on his alleged ties to ALT5. \u201cAs I previously stated, I have NO knowledge whatsoever of the transaction she referenced, the people involved or a single detail\u2014as I\u2019m not, in any way, involved.\u201d<\/p>\n

The White House, meanwhile, has bucked criticism of the 79-year-old president.<\/p>\n

\u201cPresident Trump only acts in the best interests of the American public\u2014which is why they overwhelmingly re-elected him to this office, despite years of lies and false accusations against him and his businesses from the fake news media,\u201d White House spokesperson Anna Kelly said. \u201cPresident Trump\u2019s assets are in a trust managed by his children. There are no conflicts of interest.\u201d<\/p>\n

\n

AI Financial Corp., meanwhile, told CNBC, \u201cWe have no interest in participating in stories built on unfounded accusations and speculation. AiFi\u2019s management team is laser-focused on building its business, serving its customers, and creating long-term value for shareholders.\u201d<\/p>\n

Read more Nancy Mace\u2019s Bid for Governor Ends in Humiliation<\/a><\/p>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

Investors have seen steep losses since putting their money on a fintech firm that partnered with a Trump family-backed crypto venture\u2014but the president\u2019s family got the better end of the deal, according to a new report. Read more Nancy Mace Hit With Total Embarrassment During CNN Segment ALT5 Sigma, now known as AI Financial Corp., […]<\/p>\n","protected":false},"author":1,"featured_media":1118,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nTrump Family Scores Massive Payday as Company Falls Apart - Nationwide Inter State Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationwideinterstatemovers.com\/?p=1119\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Family Scores Massive Payday as Company Falls Apart - Nationwide Inter State Movers\" \/>\n<meta property=\"og:description\" content=\"Investors have seen steep losses since putting their money on a fintech firm that partnered with a Trump family-backed crypto venture\u2014but the president\u2019s family got the better end of the deal, according to a new report. 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