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

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 proposed price of up to $15 million.

This news marks a major strategic reversal for the company—just a year ago, AI Financial acquired a small payment company for $750 million, but the deal has since resulted in losses for nearly everyone except the Trump family. The terms of the transaction have not yet been finalized, and negotiations are ongoing, leaving room for changes or potential collapse. (WSJ)