In brief
The Trump family, entitled to 75% of net revenues from World Liberty Financial's WLFI token sale, earned approximately $500 million after deducting expenses and fees.
Shares of AI Financial Corp. (formerly Alt5 Sigma) fell from nearly $9 at the deal announcement in August 2025 to $0.66 currently, wiping out over 90% of investor value.
The WLFI tokens that formed the core of the transaction lost about 72% of their initial acquisition value, contributing to AI Financial's distress.
AI Financial Corp. warned investors of substantial doubt about its ability to continue operations over the next 12 months, as liabilities exceeded assets after a $348 million token write-down.
Oversight groups and former financial regulators have called for investigations into the deal's transparency and corporate governance practices.
The White House stated that the president's assets are held in a trust managed by his children and that there is no conflict between his office and family business dealings.
- 31 DecTrump family reportedly receives $500 million from token sale
- 31 MarAI Financial's WLFI token value falls by $348M; liabilities exceed assets
- 10 JunStock hits $0.66, down 93%; company warns of going concern doubt
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.
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.”