Eric Trump Removed as Alt5 Sigma Director, Zak Folkman Takes Over

Eric Trump has relinquished his director role at Alt5 Sigma, the crypto treasury unit of World Liberty Financial (WLFI). The change is attributed to compliance requirements for Nasdaq listing, confirmed in SEC filings. He will now serve as a board observer while Zak Folkman assumes the position of new director, a move coinciding with WLFI’s $1.5 billion fundraising plan involving direct and private share sales. This strategic appointment supports the company’s ambitions to promote its DeFi protocol and governance structure. !