The ALT5 Sigma crypto firm, linked to the Trump family’s financial environment, faces a new scandal after revealing its auditor is unlicensed. According to a Financial Times report, the firm Victor Mokuolu CPA PLLC is barred from performing audits for failing to comply with state registration regulations at this time. This finding worsens the entity’s compliance crisis, which already has significant delays in its reports.
The appointment of this auditor occurred after ALT5 Sigma failed to file its third-quarter 2025 financial results. Therefore, the company is desperately seeking to regularize its financial situation before U.S. regulators. However, the chosen accounting firm has had an expired license since August of this year in Texas. In this way, the lack of credibility in its financial reports increases distrust.
Likewise, regulatory records indicate that Victor Mokuolu has received previous fines for serious failures in public reports. Nevertheless, the ALT5 Sigma crypto firm claims that no reviews will be issued until the license is reactivated. So the uncertainty about the transparency of its accounts persists among global investors. Thus, the delay in filing financial statements complicates its stock market permanence.
Corporate scandals and the imminent risk of an exit from the Nasdaq market
The situation becomes critical due to the 77% drop in its share value this year. In this way, the ALT5 Sigma crypto firm risks its Nasdaq listing if it does not present a plan. Additionally, the resignation of key audit committee members has left the firm without accounting experts. So the internal governance is going through its worst institutional moment currently.
On the other hand, the connection with World Liberty Financial has put the firm in the global media spotlight. Nevertheless, Eric Trump only maintains an observer role on the board following regulatory warnings. So the strategic alliance with Trump family projects has not prevented the financial collapse. This scenario reflects a deficient management of internal controls of the cryptocurrency.
Can the company regain trust before the January deadline?
Analysts believe that Nasdaq delisting is a real possibility by the end of January 2026. Therefore, the ALT5 Sigma crypto firm must act quickly to avoid a massive sell-off of its shares. If they fail to reactivate their auditor’s license, investor panic could intensify further. In this way, the future of its fintech operations is in danger due to the lack of supervision.
Finally, the firm’s trajectory, moving from recycling to biotech and then to the crypto sector, raises doubts. It is also likely that new federal investigations will emerge regarding the veracity of its previous filings. Therefore, the market awaits an official statement clarifying the next regulatory steps. The ALT5 Sigma crypto firm is playing for its survival in the coming weeks.
