Financial Times: Trump-linked crypto company ALT5 Sigma faces scrutiny over unlicensed auditors

According to Cryptonews citing the Financial Times, the cryptocurrency company ALT5 Sigma, linked to Trump, is facing scrutiny due to its unlicensed auditor. State government documents show that the company's license expired in August and has not been renewed as of the end of December, making it unable to conduct audit work under Texas regulations.

The company stated that its auditor is undergoing a mandatory peer review supervised by the Texas State Board of Public Accountancy, which is expected to be completed by the end of January.

The report also noted that since the beginning of 2025, the company's stock price has dropped over 77%, reflecting growing investor unease as the company struggles to meet disclosure requirements. The company is currently at risk of being delisted from Nasdaq due to its failure to timely submit its quarterly report for the period ending in September.