According to The Wall Street Journal (WSJ) on July 8, the publicly traded company AI Financial, deeply linked to the Trump family crypto project World Liberty Financial, is negotiating with Japanese blockchain firm Perpetuals.com to sell its core payment business, with a transaction valuation potentially reaching $15 million. The market estimates the Trump family has cashed out approximately $540 million.
AI Financial Negotiates Sale of Core Payment Business with Perpetuals.com
According to WSJ, AI Financial (formerly Alt5 Sigma) is in negotiations with Tokyo-based Japanese blockchain company Perpetuals.com to sell its core payment business, with an estimated transaction amount of up to $15 million.
AI Financial previously made large purchases of WLFI tokens and launched a fundraising plan of up to $750 million to buy more WLFI tokens; the token acquisitions did not bring substantial positive news, and the company's stock plummeted over 90% from its peak, with a current market value of only about $80 million. Rumors of a business sale further reflect its financial pressure.
AI Financial Stock Plummets Over 90%, WLFI Token Drops About 70%
According to reports, since AI Financial's deep linkage with WLFI, its stock has collapsed over 90% from its high point, with a current total market value of approximately $80 million. Meanwhile, after large-scale dumping, WLFI tokens have fallen about 70%. Investors who bought AI Financial stock and those holding WLFI tokens have suffered devastating financial losses.
Trump-Related Entities Cash Out About $540 Million Under 75% Profit-Sharing Mechanism
According to WLFI's token sales profit-sharing mechanism, Trump family entities can receive up to 75% of the token sales revenue; market estimates suggest that through large buyers like AI Financial purchasing WLFI tokens, the Trump family has cashed out about $540 million.
This starkly contrasts with the heavy losses suffered by AI Financial stockholders and WLFI token investors, raising questions about whether this constitutes a "legally permissible but morally questionable capital operation."
Trump Camp Claimed No Direct Involvement in Crypto Operations; SEC Regulation Adequacy Questioned
According to reports, the Trump camp previously stated that after taking office, Trump and related persons would no longer directly participate in the daily operations of crypto entities including DT Marks DEFI LLC. However, direct involvement of close relatives in high-volatility, high-risk, and low-transparency token issuance and corporate fund transfers has sparked ongoing concerns about "crossing the red line of conflicts of interest."
Subsequently, whether these politically charged Web3 projects are avoiding full SEC regulation due to White House political influence has become a macro risk concern for Wall Street and the crypto market.
Frequently Asked Questions
How much is AI Financial planning to sell its core business for?
According to WSJ, AI Financial is negotiating with Japan's Perpetuals.com to sell its core payment business, with a valuation potentially reaching $15 million. AI Financial's current total market value is about $80 million, with stock down over 90% from its peak.
How much profit has the Trump family gained from WLFI token sales?
Based on WLFI's profit-sharing mechanism, Trump-related entities can receive up to 75% of the token sales revenue; market estimates suggest that through purchases by large buyers like AI Financial, the Trump family has cashed out about $540 million.
How has WLFI token performed in price?
According to reports, after large-scale sales, WLFI tokens' price has dropped about 70%, causing heavy losses for investors holding the tokens. AI Financial previously launched a fundraising plan of up to $750 million to buy more WLFI tokens.
