News

According to ChainCatcher, Arkham data shows that at 00:27, 26,300 SOL (worth approximately $3.2768 million) were transferred from one exchange to another.

According to ChainCatcher, market sources report that ALT5 Sigma, the reserve company partnering with the Trump family crypto project “World Liberty Financial” (WLFI), stated in a filing to the U.S. Securities and Exchange Commission (SEC) that its CEO was officially suspended on October 16. However, internal emails show that the company’s board had already placed the CEO on “temporary leave” as early as September 4. Several securities regulation experts have indicated that this significant timing discrepancy may constitute a violation of disclosure rules. The same email also revealed that Chief Revenue Officer Vay Tham was placed on leave at the same time, as the board’s special committee is investigating “certain matters related to the company.” According to SEC regulations, public companies must disclose (via Form 8-K) any major changes in executive duties within four trading days of the actual change. If a company deliberately submits false or misleading information, it may be in violation of anti-fraud regulations. In August this year, ALT5 Sigma accumulated $1.5 billion worth of WLFI tokens through a series of circular transactions, with estimates suggesting that over $500 million ultimately flowed to entities associated with President Trump.