Trump Family Crypto Project Acquisition Faces Huge Losses, Core Business to be Sold at Low Price

The Trump family's cryptocurrency project acquired control of a small payment company for $750 million a year ago, but now the deal has resulted in losses for nearly all participants.

The NASDAQ-listed company, formerly known as Alt5 Sigma and now renamed AI Financial (ticker AIFC), is negotiating with blockchain company Perpetuals to sell its core business, discussing a price of up to $15 million.

The terms of the deal have not been finalized and may be adjusted or canceled; company documents indicate that this move aims to divest assets.

Source: Public Information