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Trump Family-Linked Alt5 Sigma Ousts Top Execs After CEO Suspension Shakes Up Leadership
Source: CryptoNewsNet Original Title: Trump Family-Linked Alt5 Sigma Ousts Top Execs After CEO Suspension Shakes Up Leadership Original Link: Alt5 Sigma (ALTS), developer of digital-asset trading platforms that is building a treasury of tokens issued by Trump-family-linked World Liberty Financial, has dismissed two senior executives in just a month after suspending its CEO, extending a stretch of internal shakeups.
According to a filing with the U.S. Securities and Exchange Commission (SEC), the company removed Jonathan Hugh from his dual roles as Chief Financial Officer and Acting CEO “without cause” on Nov. 21.
Hugh had only recently stepped into the interim leadership role following the unexplained suspension of CEO Peter Tassiopoulos on Oct. 16.
Four days later, Alt5 informed Chief Operating Officer Ron Pitters that his consulting agreement would be concluded as scheduled, effectively ending his role as COO. Pitters remains on the company’s board.