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International Business Times
International Business Times
Business
Merin Rebecca Thomas

Trump Family Reportedly Earned Hundreds Of Millions From Crypto Deal As Partner Firm's Stock Tumbles

A cryptocurrency transaction involving a company tied to President Donald Trump's family has drawn renewed scrutiny. (Credit: AFP)

A cryptocurrency transaction involving a company tied to President Donald Trump's family has drawn renewed scrutiny after the public firm at the center of the deal lost most of its market value and warned investors about its ability to continue operating.

AI Financial Corp., formerly known as Alt5 Sigma, is facing possible removal from the Nasdaq exchange after its stock fell below key listing requirements. Shares closed at approximately 68 cents on Tuesday, down about 93% from a year ago and hovering near a 52-week low, according to reporting by The Independent.

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