World Liberty Financial, founded by Donald Trump Jr. and Eric Trump, have partnered with a father-sun duo with a history of spats with financial regulators for a deal to sell $1.5B of its crypto tokens, The Information’s Michael Roddan reports. Alt5 Sigma, a biotech firm turned crypto company, plans to sell $1.5B of stock and use the money to buy the crypto token made by World Liberty, the author says. The deal puts the president’s sons in business with Tony Isaac, Alt5 Sigma’s president and chair, and his son, Jon, who is one of the company’s key advisers and is currently battling SEC claims that he falsely inflated earnings in an attempt to drive up stock in one of his family’s companies and then sell its shares, the author notes.
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