World Liberty Financial Faces Turmoil as ALT5 Sigma's Concealed Conviction Emerges
Criminal Liability and Leadership Turmoil: ALT5 Sigma, a Canadian fintech firm, faces a crisis after a Rwandan court found it criminally liable for money laundering, a conviction undisclosed during its merger with World Liberty Financial. The situation worsened with the suspension of CEO John Isaac and the departure of multiple senior executives.
Regulatory Investigations Intensify: The SEC is investigating ALT5 Sigma's filings related to the suspended CEO, while U.S. Senators have called for a federal probe into World Liberty Financial for allegedly selling tokens to sanctioned jurisdictions, raising concerns about compliance and oversight.
Stock Value Decline: Since the merger in August 2025, ALT5 Sigma's stock price has plummeted by approximately 75%, reflecting investor concerns over the company's undisclosed legal issues and leadership instability.
Denial of Allegations: World Liberty Financial has denied all allegations of compliance failures, asserting that it conducts thorough anti-money laundering and know-your-customer checks, despite claims from senators indicating significant evidence to the contrary.
About the author







