Trump-linked ALT5 Sigma shakes up leadership amid WLFI scrutiny
The crypto treasury firm, which holds Trump-linked World Liberty Financial (WLFI) tokens on its balance sheet, has replaced two senior executives.
ALT5 Sigma, a crypto treasury company with ties to US President Donald Trump, replaced CEO Jonathan Hugh and cut ties with chief operating officer Ron Pitters in November as part of a broader leadership overhaul.
Tony Isaac, the president of ALT5 Sigma and a member of the company’s board of directors, has been appointed as acting CEO, while the company works with Hugh to “finalize the terms of his departure,” according to a Securities and Exchange Commission (SEC) filing submitted on Wednesday.
ALT5 Sigma’s crypto treasury strategy includes purchasing tokens from World Liberty Financial (WLFI), a decentralized finance platform tied to the Trump family.
