COINOTAG News reported on September 10 that Eric Trump has been reassigned from his director role at WLFI Treasury Company — operating under ALT 5 Sigma — to a board observer position to satisfy Nasdaq listing requirements. The move is described as an administrative governance adjustment to ensure continued compliance with listing rules rather than an exit from the company.
In a statement clarifying the change, Eric Trump affirmed his ongoing support for the enterprise and emphasized commitment to shaping the future of finance. He said, “I am 1000% committed to WLFI, driving the redefinition of the future of finance, and will give it my all,” underscoring continuity of leadership while the firm addresses regulatory obligations.