AI Financial Faces Nasdaq Delisting After $1.5 Billion Trump Crypto Deal

3 articles · Updated · The Daily Beast · Jun 10

66 cents — down from $8.97 before the August deal — has left AI Financial Corp. at risk of Nasdaq delisting within two weeks unless it lifts its share price.
The slide followed ALT5 Sigma’s purchase of $1.5 billion in World Liberty Financial tokens, a transaction that disclosures said entitled President Donald Trump and other family members to $500 million in proceeds.
CNBC said investors absorbed steep losses while the Trump family benefited; Democracy Defenders Fund had already urged the SEC in April to open an independent investigation into ALT5 and says it got no response.
Trump allies and the company rejected conflict claims: a spokeswoman said Donald Jr. and Eric Trump had no involvement in ALT5, the White House said Trump’s assets are in a trust, and AI Financial called the accusations speculative.