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Sigma

Sigma

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Tokens trading and sniping bot

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Sigma is an all-in-one solution for trading and sniping tokens on the Ethereum, Avalanche, BNB Chain, Arbitrum, Base Chain and Blast networks.

Trump-linked crypto company AI Financial to acquire Block Street for up to $43 million

Odaily AI Financial (formerly Alt5 Sigma), a publicly listed crypto company linked to the family of U.S. President Donald Trump, has announced it will acquire crypto infrastructure startup Block Street for up to $43 million. Block Street was founded by Matthew Morgan, who currently serves as an advisor to AI Financial and is also its CEO and largest shareholder.According to a filing with the U.S. Securities and Exchange Commission (SEC), the deal was reached last Monday. Block Street was registered in October 2025, but Morgan stated that its business operations had started about 16 months prior.The acquisition has raised market concerns about potential conflicts of interest, as Morgan is both an advisor to AI Financial and the founder of the acquired company. He was briefly nominated for the position of Chief Investment Officer in a previous cooperation deal between AI Financial and World Liberty Financial, but the role was later adjusted to an unpaid advisor position.In August, AI Financial reached an agreement with World Liberty Financial to include approximately $1.5 billion in crypto assets on its balance sheet, in exchange for equity and a board seat. This collaboration also positioned the company as part of the "Trump family crypto ecosystem."In interviews, Morgan has denied that the transaction constitutes self-dealing, stating that Block Street focuses on tokenization and ICO infrastructure capabilities, areas AI Financial is looking to enter. He claimed to have pitched the asset to several other public companies and turned down acquisition offers with higher valuations.However, since establishing ties with the Trump family crypto project, AI Financial's stock price has fallen by over 90%, reflecting ongoing market skepticism toward the "crypto reserve public company" model.This transaction has also reignited controversy over insider transactions and governance structures within public companies. Similar cases have frequently emerged in the crypto industry recently, with multiple listed companies criticized for mixing assets with related-party transactions, raising investor concerns about the risks of conflicts of interest. (Fortune)

Related news

The Trump family has made approximately $2.3 billion in profit from four crypto businesses

U.S. President Donald Trump and his family have made a cumulative profit of approximately $2.3 billion from four crypto businesses: World Liberty Financial, the TRUMP Meme coin, American Bitcoin, and ALT5 Sigma (now AI Financial). Meanwhile, related investors are sitting on aggregate unrealized losses also totaling around $2.3 billion.The report states that about 75% of the proceeds from World Liberty Financial token sales flowed to the Trump family. At the same time, the price of the TRUMP Meme coin has fallen approximately 97% from its all-time high, and stock prices related to ALT5 Sigma and American Bitcoin have also seen significant declines.The report cites some investors who stated that they neglected risk management due to the "presidential endorsement." Some investors are now considering legal action. (Reuters)

AI Financial denies the “WLFI Treasury Company” designation, but SEC filings show WLFI still dominates its finances.

According to CoinDesk, AI Financial (formerly Alt5 Sigma) publicly emphasizes that it is building a comprehensive business platform covering financial technology, tokenization, and digital infrastructure—not merely serving as a WLFI treasury company. The company operates the crypto payment platform ALT5 Pay and the over-the-counter trading platform ALT5 Prime, and has announced the acquisition of tokenization infrastructure firm Block Street. However, its latest SEC filing reveals that the company holds 7.28 billion WLFI tokens, valued at approximately $706.4 million as of the end of Q1—significantly down from its purchase cost of roughly $1.46 billion. Meanwhile, its fintech business generated only $4.7 million in quarterly revenue. The company also warns that ongoing losses and a $5.5 million working capital deficit raise “substantial doubt” about its ability to continue as a going concern, and that the WLFI tokens cannot be liquidated due to contractual restrictions; its current cash balance stands at just $10.5 million.

Trader A Claims Sigma Wallet Hacked Again, Second Wallet Emptied Within Six Months

Trader A (@missoralways) posted that he had stored seven-figure assets in Sigma for a long time without encountering security issues in the past. However, two of his recent wallets have suffered asset theft, both occurring when wallet balances fell below $10,000.He also stated that another friend suffered the theft of approximately $200,000 in assets today, and mentioned Sigma in connection with the incident. The Sigma team has launched an investigation. The trader said he released this information for security reminder purposes and emphasized that he is not an affiliated promoter of any bot-related products.

Trump-linked crypto company AI Financial to acquire Block Street for up to $43 million

Odaily AI Financial (formerly Alt5 Sigma), a publicly listed crypto company linked to the family of U.S. President Donald Trump, has announced it will acquire crypto infrastructure startup Block Street for up to $43 million. Block Street was founded by Matthew Morgan, who currently serves as an advisor to AI Financial and is also its CEO and largest shareholder.According to a filing with the U.S. Securities and Exchange Commission (SEC), the deal was reached last Monday. Block Street was registered in October 2025, but Morgan stated that its business operations had started about 16 months prior.The acquisition has raised market concerns about potential conflicts of interest, as Morgan is both an advisor to AI Financial and the founder of the acquired company. He was briefly nominated for the position of Chief Investment Officer in a previous cooperation deal between AI Financial and World Liberty Financial, but the role was later adjusted to an unpaid advisor position.In August, AI Financial reached an agreement with World Liberty Financial to include approximately $1.5 billion in crypto assets on its balance sheet, in exchange for equity and a board seat. This collaboration also positioned the company as part of the "Trump family crypto ecosystem."In interviews, Morgan has denied that the transaction constitutes self-dealing, stating that Block Street focuses on tokenization and ICO infrastructure capabilities, areas AI Financial is looking to enter. He claimed to have pitched the asset to several other public companies and turned down acquisition offers with higher valuations.However, since establishing ties with the Trump family crypto project, AI Financial's stock price has fallen by over 90%, reflecting ongoing market skepticism toward the "crypto reserve public company" model.This transaction has also reignited controversy over insider transactions and governance structures within public companies. Similar cases have frequently emerged in the crypto industry recently, with multiple listed companies criticized for mixing assets with related-party transactions, raising investor concerns about the risks of conflicts of interest. (Fortune)