The SEC is investigating Alt5 Sigma, a company that recently entered into a $1.5 billion partnership with Trump's World Liberty Financial. Its president, Jon Isaac, is the direct target.
Apparently, the Commission is determining whether Alt5 Sigma engaged in fraudulent activities, including inflating profits and manipulating stocks.
SEC investigates Trump's partner
World Liberty Financial, a major crypto company of the Trump family, has recently invested in many Web3 companies. Recently, the company closed a $1.5 billion deal with Alt5 Sigma, apparently to support a WLFI token strategy, and invited the company to ring the Nasdaq bell with it. Today (19), however, the SEC is reportedly investigating this Trump family partner:
[ ZOOMER ]
THE SEC IS CURRENTLY INVESTIGATING JON ISAAC, PRESIDENT OF TRUMP'S $1.5B WORLD LIBERTY VEHICLE – ALT5 SIGMA, FOR INFLATING EARNINGS AND SELLING SHARES INTO THE PUMP IN TRANSACTIONS INVOLVING ALT5 SIGMA: THE INFORMATION
— zoomer (@zoomerfied) August 19, 2025
This report came from The Information, claiming that the SEC is investigating Alt5 Sigma and its president, not any member of the Trump family. Considering that the Commission's enforcement capabilities have significantly diminished under Trump's anti-crypto enforcement campaign, this investigation is quite surprising.
It is unclear what the final outcome will be or exactly what the SEC is examining. This is a very dynamic situation.
World Liberty Financial did not immediately respond to BeInCrypto's request for comment.
The article SEC investigates World Liberty in partnership with Alt5 Sigma, was reportedly first seen in BeInCrypto Brazil.