According to a report by (Forbes) on November 22, the Trump family's cryptocurrency project 'World Liberty Financial' partner WLFI Reserve Company ALT5 Sigma stated in documents submitted to the U.S. Securities and Exchange Commission (SEC) that its CEO was officially suspended on October 16, but internal emails show that the company's board had actually placed him on 'temporary leave' as early as September 4. Several securities regulation experts have indicated that this significant discrepancy in timing may have already violated information disclosure rules. The enclosed emails also revealed that Chief Revenue Officer Vay Tham was simultaneously placed on leave due to the board's special committee investigating 'certain matters related to the company.' According to SEC regulations, publicly traded companies must disclose significant changes in executives' actual performance of duties within 4 trading days (Form 8-K); if the company intentionally submits false or misleading information, it may constitute a violation of anti-fraud regulations. In August of this year, ALT5 Sigma accumulated $1.5 billion worth of WLFI tokens through a circular transaction, with estimates suggesting that over $500 million ultimately flowed to entities associated with President Trump.

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