The company that purchased 1.5 billion Trump coins has fired top executives.

The company Alt5 Sigma, which created a reserve of dollar stablecoins for the family of U.S. President Donald Trump worth $1.5 billion, has fired its top management. Alt5 Sigma is a public company whose shares are traded on the NA..AQ exchange. In August, it entered into a $1.5 billion deal to purchase WLF tokens from the World Liberty Financial project. This project is associated with the Trump family, with the co-founders including the son of U.S. Special Representative Steve Witkoff, Zachary Witkoff (Zachary Witkoff). After this $1.5 billion deal, Witkoff Jr. and the son of the American president, Eric Trump, became the chairman of the board and a board member of Alt5 Sigma, respectively. However, back in May of this year, 2025, Alt5 Sigma was found guilty of money laundering in Rwanda, Bloomberg learned. An appeal is currently being considered, where lawyers claim the company's executives are victims of fraudsters. About a month ago, Alt5 Sigma's CEO Peter Tassiopoulos (Peter Tassiopoulos) stepped down from his position. He held the position for only about a year and left without explanation, Bloomberg clarified. Currently, the acting CEO is the long-time company president Tony Isaac (Tony Isaac). Alt5 Sigma has been interested in digital assets since the fall of 2024, choosing to replicate the strategy of Michael Saylor's company Strategy, which means starting to accumulate cryptocurrencies, Bloomberg writes. In August, Eric Trump explained the desire to start engaging in the crypto business by the rejection his family received from unnamed banks that did not want to serve the Trumps.