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AI Financial may sell Alt5 Sigma Canada after WLFI losses wiped out most shareholder value.The possible deal remains non-binding, with Perpetuals.com still reviewing terms and due diligence.Trump-linked World Liberty remains under scrutiny as crypto.news reports rising political and ethics questions.

Roughly two-thirds of the 1.48 million wallets that bought President Donald Trump’s official memecoin had recorded losses at the end of June.The wallets have combined realized and paper losses of $3.81 billion, according to Nansen data first reported by The New York Times.The analysis landed days after Trump’s annual financial disclosure showed a $636 million payout tied to the token and more than $1.4 billion in total crypto-related income for 2025.Nansen found gains were concentrated among early buyers, with fewer than 500,000 wallets up a combined $4.04 billion.

Nansen said nearly 989,000 TRUMP memecoin wallets lost a combined $3.81 billion by the end of June.Trump’s 2025 financial disclosure reported a $636 million payout from the TRUMP memecoin and at least $1.4 billion in crypto-related income.The disclosure has renewed political scrutiny, with Sen. Kirsten Gillibrand pushing for stricter ethics rules in pending crypto legislation.

Donald Trump said he was unaware of the at least $1.4 billion in crypto income disclosed in his latest financial filing.The disclosure attributes most of the earnings to licensing deals tied to the TRUMP meme coin and WLFI token sales.Trump renewed his call for U.S. crypto leadership as the CLARITY Act faces political and ethics-related hurdles in Congress.

Democrats renewed calls for ethics language to be included in a crypto market structure bill on Wednesday after Trump’s filing became public, while a key Republican negotiator said ethics language remains part of ongoing bipartisan talks.Sen. Angela Alsobrooks didn’t mince words, calling Trump and his family “the most corrupt we’ve ever seen in the White House,” adding that an ethics provision is vital.

Trump defended his investment gains after disclosures showed at least $1.4 billion in crypto-related income.Polymarket odds for the CLARITY Act passing this year have fallen to 39% amid ethics debate.Senate Democrats and Elizabeth Warren have renewed scrutiny of Trump’s crypto business interests.

World Liberty Financial is expected to receive a national trust bank charter from the OCC, according to a report citing former agency officials.Approval would allow the Trump backed crypto firm to issue and redeem its USD1 stablecoin under federal oversight.Democratic lawmakers have continued questioning the application, citing potential conflicts of interest and national security concerns.

AI Financial said earlier going-concern risks “have been substantially mitigated” in a new SEC filing.The company’s WLFI holdings fell from an initial $1.4 billion value to about $380 million.AI Financial still faces Nasdaq pressure as its stock trades below the required $1 share price.

HTX removed USD1 after wallet addresses linked to the exchange were frozen.World Liberty Financial cited sanctions compliance controls.HTX said user USD1 balances will convert to USDT at a 1:1 rate.The move adds to Justin Sun’s dispute with the Trump-linked crypto project.

The senators said a plan allowing fiduciaries to offer exposure to riskier assets like crypto and private equity would hurt retirees and personally benefit President Trump.

Lee Reiners, who has criticized the SEC’s new token taxonomy and crypto guidance, thinks World Liberty’s so-called governance token is an unregistered security.World Liberty’s claims of decentralization were challenged by Justin Sun’s recent lawsuit, filed after his tokens were allegedly frozen.

World Liberty co-founder Zach Witkoff also said Thursday that the crypto firm is “in the final stages” of receiving bank charter approval from the Trump administration.

Trump Jr. and Witkoff appeared at Consensus Miami 2026 on Day 3 to make the case for World Liberty Financial.Justin Sun filed a federal lawsuit in late April accusing the project of freezing his tokens and stripping his voting rights.World Liberty Financial also faces scrutiny over a $500 million UAE-linked equity stake and a pending federal bank charter application.

World Liberty Financial accused Justin Sun of running “a scorched-earth pressure campaign” against the Trump-family-backed crypto project after his tokens were frozen.Sun, who poured nearly $200 million into WLFI tokens and the TRUMP memecoin, first sued WLFI in late April, accusing the firm of fraudulently blocking his ability to sell a stash of tokens now worth around $240 million.

World Liberty Financial alleges Sun conducted straw purchases of WLFI tokens to conceal his identity, engaged in short selling of the token, and made false statements on social media after his tokens were frozen in violation of his terms of sale.Sun fired back immediately, calling the suit “a meritless PR stunt” and saying he stands by his actions, while WLFI CEO Zach Witkoff said he looks forward to “the truth coming out in court.”The WLFI token rose approximately 12% on the day of the filing, though the token is still down roughly 85% since its September 2025 launch.

Trump-linked World Liberty Financial (WLFI) has filed a defamation lawsuit accusing Justin Sun of orchestrating a coordinated smear campaign to drive down the price of its $WLFI token.WLFI claims a Sun-linked entity violated token sale terms, had its tokens frozen, and then funded influencers and bots to label the project “a scam” with a hidden “backdoor” to more than 4 million followers.The case escalates an already bitter legal battle, coming weeks after Sun sued WLFI over frozen tokens and alleged “criminal extortion” and undisclosed blacklist functions in its smart contracts.