Trump family gains $500 million from crypto venture as investors face over 90% losses
The Trump family collected roughly $500 million from the sale of WLFI tokens by World Liberty Financial, a crypto venture founded by Eric Trump and Donald Trump Jr., while investors in the Nasdaq-listed AI Financial Corp. saw the stock plummet 93% and token values decline sharply.
The deal and its collapse
In August 2025, Alt5 Sigma (later renamed AI Financial Corp.) announced a $1.5 billion transaction to purchase WLFI tokens issued by World Liberty Financial. The company raised $750 million from investors and issued new shares to fund the operation. At the time, Alt5 Sigma stock traded at nearly $9 per share.
Family windfall and management ties
According to World Liberty Financial's records, the Trump family was entitled to roughly 75% of net token sale revenues, netting them approximately $500 million after expenses and fees. Eric Trump joined the board of AI Financial Corp., and the family holds significant indirect equity and option stakes.
Familia Trump a fost îndreptățită să primească aproximativ 75% din încasările nete ale vânzărilor de tokenuri cripto, ceea ce echivalează cu un profit direct de aproximativ 500 de milioane de dolari.
Investor losses and going concern warning
AI Financial Corp. shares now trade around $0.66, a decline of roughly 93% from pre-deal levels. The company warned of substantial doubt about its ability to continue as a going concern within 12 months. In the first quarter of 2026, the value of its WLFI tokens fell by about $348 million, and liabilities exceeded assets. WLFI tokens themselves lost approximately 72% of their initial purchase value.
- Alt5 Sigma announces $1.5B deal to buy WLFI tokens; stock trades near $9
- Eric Trump joins AI Financial Corp. board
- Trump family reportedly receives $500 million from token sale
- AI Financial's WLFI token value falls by $348M; liabilities exceed assets
- Stock hits $0.66, down 93%; company warns of going concern doubt
Calls for scrutiny and White House response
Multiple oversight organizations and former financial regulatory officials have called for U.S. authorities to investigate the transaction and disclosures to investors. Critics point to gaps in transparency and corporate governance. The White House rejected conflict-of-interest accusations, stating that the president's assets are managed through a trust controlled by his children and that no incompatibility exists.
Casa Albă a respins orice acuzație de conflict de interese, precizând că activele președintelui sunt administrate printr-un trust controlat de copiii săi.
