2025-12-29 18:31:35

A crypto company associated with well-known political and business figures, ALT5 Sigma, has become embroiled in an audit controversy. Due to the use of uncertified auditors for financial review, the company's operational credentials are under serious scrutiny. Even more problematic is that its license was originally set to expire in August, but the renewal has not yet been completed, casting a shadow over its future compliance prospects. Since early 2025, the company's stock performance has been poor, with a cumulative decline of over 77%, and market confidence has been severely shaken. If the issues are not resolved, the risk of delisting from Nasdaq is imminent. This incident serves as a reminder to investors that there are still significant compliance risks within the crypto industry.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

21 Likes

Reward
21
7
Repost
Share

Comment

0/400

Ser_Liquidated

· 01-01 03:20

Haha, this is the so-called "government-business background" protective umbrella, and it turned out like this. --- Unlicensed auditor? Bro, what era are we in? They must be really desperate for money. --- 77% drop? Are you serious? How many people got liquidated? --- Their licenses have expired, and they're still hesitating. Truly hopeless. --- Another case where having a "background" leads to the fastest downfall, hilarious. --- Instead of waiting for delisting, I think it's better to liquidate everything now. --- This is why I say the crypto space is too deep; even the正规军 can cause trouble. --- Compliance risks? The entire industry is a risk, isn't it? --- Unlicensed auditing? That's truly outrageous for top-tier influencers. --- I just want to know what those government-business figures are saying now.

View OriginalReply0

SelfCustodyIssues

· 2025-12-30 11:29

Unlicensed auditor? Laughing out loud, that's a big red flag. How dare you play this game? --- A 77% decline and still not selling? That's why I never touch projects with political and business backgrounds. --- The license has expired and hasn't been renewed yet, really outrageous. Isn't this just playing with fire? --- It's always the same. When compliance issues are exposed, it's already too late. Retail investors are always the ones hurt. --- The ALT5 incident has caused a stir. At least it should serve as a warning for others not to fall into the same trap. --- Unlicensed auditing, expired licenses, stock price crashes—perfectly replicating the routines of previous failed projects. --- Countdown to delisting. Are there still people buying the dip? They really have guts. --- Political and business connections have become risk points. What does that say? Compliance is not a priority at all.

View OriginalReply0

LayerZeroHero

· 2025-12-29 19:01

That's why I never touch projects with political and business backgrounds; it's too dirty.

View OriginalReply0

CoffeeNFTs

· 2025-12-29 19:00

Unlicensed auditor? That's outrageous. A 77% drop isn't surprising at all.

View OriginalReply0

ConfusedWhale

· 2025-12-29 18:55

Unlicensed auditors? Laughing out loud, this is just blatant audacity. --- 77% decline and still not fleeing, truly incredible. --- Another case with political and business background and unlicensed auditing. I've seen this trick too many times. --- They haven't even renewed their license but are still stubbornly holding on. Nasdaq will knock on the door sooner or later. --- I just want to know why those big influencers haven't come out to speak yet. --- That's why I only deal with projects that have genuine audits. The trap will fall on itself. --- Compliance risks? Don't beat around the bush here, it's outright violation. --- Another main player approaching delisting. Will it gamble on lasting until the end of the year?

View OriginalReply0

WalletDoomsDay

· 2025-12-29 18:51

Unlicensed auditor? Isn't this just blatantly fooling people? A 77% drop is hilarious, and they still dare to delay renewing their license? --- It's the same old trick, involving connections with political and business figures, financial black boxes, expiring licenses... Is this how the crypto world operates? --- The countdown to delisting has truly begun. Compliance really needs to be taken seriously. --- An unlicensed auditor situation would be disastrous for anyone, let alone involving these related parties. --- The stock price has fallen so much, yet no one is held accountable? That's outrageous. --- They haven't renewed their license. Are they serious or just waiting to fail? --- Basically, they got caught for illegal operations, now they're just pretending to be dead. --- I just want to know how a company like this managed to get listed on Nasdaq. --- Compliance risks? That's just an obvious trap. Someone should have investigated long ago.

View OriginalReply0

LiquidatorFlash