BlockBeats News, July 8th, according to The Wall Street Journal report, a year ago, a cryptocurrency project owned by the Trump family acquired a controlling stake in a small payment company for $750 million. Today, almost all participants in this transaction have suffered losses, except for the Trump family.
The Nasdaq-listed company—previously known as Alt5 Sigma, recently rebranded as AI Financial (stock symbol AIFC)—is currently in negotiations with blockchain technology company Perpetuals to sell its core business.
According to a source familiar with the transaction and company documents, the discussed transaction price is up to approximately $15 million. The final terms of the transaction have not been determined yet. As the negotiations progress, the specific conditions may change, and the transaction may not ultimately be completed.
