Reported 2 days ago
Alt5 Sigma (ALTS), a fintech company, recently acquired World Liberty Financial (WLFI), backed by Donald Trump's family, for $750 million, potentially yielding them $500 million in profit despite ongoing financial losses. As the market buzzes with this circular deal, questions arise about ALTS's standing as a viable investment, given its lack of profitability and governance issues, even as it promises innovative DeFi solutions.
Source: YAHOO