Alt5 Sigma Corporation (NASDAQ:ALTS) announced a swift leadership change on October 16, 2025, as the Board of Directors suspended CEO Peter Tassiopoulos from his role with immediate effect, with pay.
Chief Financial Officer Jonathan Hugh has been appointed Acting CEO while retaining his current CFO responsibilities, signaling a rapid transition at the top of the fintech firm.
More about Alt5 Sigma Corporation
Alt5 Sigma operates in the financial technology space, specializing in digital asset trading and blockchain-based solutions. The company is recognized for its cryptocurrency trading platforms and blockchain technology applications.
Back in August, the firm unveiled plans to raise $1.5 billion and build a treasury of $WLFI tokens from World Liberty Financial, a crypto venture co-founded by Donald Trump and his three sons.