: Trump-backed crypto company AI Financial seeks to sell core business, with deal offers up to $15 million

Odaily reports that AI Financial (formerly Alt5 Sigma, stock ticker: AIFC), a cryptocurrency company backed by the Trump family, is in discussions with blockchain technology firm Perpetuals.com to sell its core business, with a potential price of up to $15 million.

This news marks a significant strategic reversal for the company—just one year ago, AI Financial acquired a small payment company for $750 million, but since then, the deal has resulted in losses for nearly everyone except the Trump family. The terms of the transaction have not yet been finalized, negotiations are still ongoing, and the situation remains subject to change or the possibility of collapse. (WSJ)