todayonchain.com

Alt5 Sigma Suspends CEO Peter Tassiopoulos, Appoints Jonathan Hugh as Interim Leader

CoinDesk
Alt5 Sigma suspended CEO Peter Tassiopoulos and appointed CFO Jonathan Hugh as interim leader without stating a reason.

Summary

Digital-asset trading platform developer Alt5 Sigma has suspended its CEO, Peter Tassiopoulos, and appointed CFO Jonathan Hugh as the interim leader. The decision was announced in an SEC filing dated October 16, though no reason was provided for the suspension of Tassiopoulos, who had been appointed just over a year prior. Alt5 Sigma, which is building a treasury of tokens issued by Trump-family linked World Liberty Financial (WLFI), is headed by a board including World Liberty Financial co-founder Zach Witkoff and Eric Trump. Earlier in the month, Alt5 Sigma revealed it holds approximately 7.28 billion WLFI tokens, valued around $1.5 billion at current prices.

(Source:CoinDesk)