ALT5 Sigma denied a report suggesting one of its executives was being investigated by the SEC for insider trading tied to the Trump family’s World Liberty Financial.
ALT5 Sigma, a new investment partner of the Trump family’s World Liberty Financial, denied a recent report suggesting one of its executives was being probed by the US Securities and Exchange Commission.
Rumors spread on Tuesday that the SEC had launched a probe into venture capitalist Jon Isaac over alleged earnings inflation and insider share sales tied to ALT5’s recent $1.5 billion treasury deal with Trump’s crypto platform.
ALT5 Sigma took to X hours later, denying that Isaac was either a current or former president or adviser to the company, and stating that it was unaware of any current investigation into its activities by the securities regulator.
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