ALT5 Sigma Rejects SEC Probe Rumors, Share Price Drops Amid Market Volatility

ALT5 Sigma vehemently denies allegations of an ongoing SEC investigation into its executives, refuting claims related to potential insider trading involving former advisor Jon Isaac. The company’s denial comes amidst a market downturn triggered by rumors surrounding the firm’s association with former President Trump and a $1.5 billion deal with World Liberty Financial. Although shares of ALT5 Sigma declined 10.5% intraday due to market uncertainty, the decline appears to be primarily driven by investor speculation rather than any direct impact on its crypto holdings. The company maintains that there are no ongoing investigations, despite the volatility in the crypto market.