After Alt5's board of directors was reorganized, Eric Trump was demoted to observer: the following
Source: CoinWorld
Time: 2025-09-10 02:22:17
After consultations with Nasdaq, Eric Trump’s board position on Alt5 Sigma was demoted to observer, with Zach Fockman of World Liberty Financial taking over as director. The Trump-related company holds 22.5 billion WLFI tokens, controlling 38% of the supply, and the token trades at $0.2092, which is still four times higher than the earlier price despite its recent price volatility. This unexplained governance shift highlights the uncertainty of regulation in the crypto-political field.