SEC investigates Trump partner Alt5 Sigma for $1.5 billion transaction fraud

[Coin World] The SEC is investigating Alt5 Sigma, which recently partnered with Trump's World Liberty Financial for a $1.5 billion deal. Its president, Jon Isaac, is a direct target. Clearly, the commission is determining whether Alt5 Sigma is engaged in fraudulent activities, including revenue inflation, stock manipulation, and more. The SEC investigates Trump's partner, World Liberty Financial, a major cryptocurrency enterprise of the Trump family that has recently been investing in many Web3 companies. Recently, the company reached a $1.5 billion deal with Alt5 Sigma, ostensibly to support the WLFI token strategy and invited the company to ring the Nasdaq bell together. However, reports today indicate that the SEC is investigating this partner of the Trump family: this report comes from a media outlet claiming that the SEC is looking into Alt5 Sigma and its president, rather than any members of the Trump family. Given the commission's significantly weakened enforcement capabilities in Trump's war against cryptocurrency enforcement, this investigation is quite surprising. It remains unclear what the ultimate outcome will be or what exactly the SEC is reviewing. This is a very unstable situation. World Liberty Financial did not immediately respond to requests for comment.