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9 Jun 2026, 18:05

Trump Family Crypto Partner Faces Nasdaq Delisting After 93% Stock Collapse

BitcoinWorld Trump Family Crypto Partner Faces Nasdaq Delisting After 93% Stock Collapse AI Financial Corp., the publicly traded company formerly known as Alt5 Sigma that entered into a significant cryptocurrency partnership with the Trump family, is now facing removal from the Nasdaq stock exchange. The company’s stock has lost 93% of its value since announcing the deal, and a recent corporate filing warns that delisting is imminent if the share price does not recover within the next 15 trading days. Partnership and Subsequent Collapse In August 2025, AI Financial Corp. signed an agreement to acquire $1.5 billion in tokens from the Trump family’s crypto project, World Liberty Financial. Through this arrangement, President Donald Trump and his family members secured rights to approximately $500 million in profits. At the time of the announcement, the company’s stock was trading at $8.97. As of June 8, 2026, the stock has plummeted to $0.66, triggering a Nasdaq compliance notice. Going Concern Warning The company has also warned investors that its ability to continue as a going concern is uncertain. The filing indicates that the firm is exploring strategic alternatives, which may include a reverse stock split to regain compliance with Nasdaq’s minimum bid price requirement. However, even if the stock price recovers temporarily, the long-term viability of the business remains in question given the rapid erosion of market confidence. Implications for the Crypto and Political Landscape This development marks a significant turn for a high-profile crypto venture tied to a former U.S. president. The partnership was initially seen as a major endorsement of the digital asset space from a political family. The subsequent stock collapse raises questions about the due diligence performed by both parties and the underlying value of the World Liberty Financial tokens. For investors, the situation serves as a cautionary tale about the volatility and risks associated with politically connected cryptocurrency projects. Conclusion The potential delisting of AI Financial Corp. represents a dramatic reversal of fortune for a company that briefly captured the attention of the crypto and political worlds. With a 15-day deadline to restore its stock price and a going concern warning in place, the company’s future is uncertain. The broader crypto market will be watching closely to see whether this is an isolated incident or a sign of deeper instability in token-based partnerships. FAQs Q1: What is AI Financial Corp.? A1: AI Financial Corp., formerly known as Alt5 Sigma, is a publicly traded company that entered into a $1.5 billion token acquisition agreement with the Trump family’s World Liberty Financial crypto project. Q2: Why is the company facing delisting? A2: The company’s stock price fell 93% from $8.97 to $0.66, violating Nasdaq’s minimum bid price requirement. It has 15 trading days to regain compliance or face removal from the exchange. Q3: What does ‘going concern’ mean? A3: A going concern warning means the company has indicated there is substantial doubt about its ability to continue operating in the near future due to financial difficulties. This post Trump Family Crypto Partner Faces Nasdaq Delisting After 93% Stock Collapse first appeared on BitcoinWorld .

9 Jun 2026, 18:05

Attacker drains $1.58M from Token of Power pool via Aragon DAO governance exploit

An attacker has exploited a governance misconfiguration in the Token of Power (TOP) Aragon DAO. They reportedly used majority voting power to mint tokens and drain roughly 944 WETH, which is worth around $1.58 million, from a Balancer V1 liquidity pool on Ethereum. Various blockchain security firms flagged the incident, relying on the effective vector, which showed that TOP’s total token supply was just 16,384 tokens, and the attacker held slightly more than half of them. How did the TOP token exploit work? TOP is a MiniMeToken governed through Aragon’s voting infrastructure. According to Blockaid’s analysis , the attacker accumulated 8,192.000001 TOP, and this was more than enough to help them to clear the 50% threshold needed to pass governance proposals unilaterally. As a result of the Aragon Voting app on TOP’s DAO having no timelock, the attacker was able to create a proposal, vote it through, and execute it within a single transaction. BlockSec Phalcon confirmed that the passed proposal minted a large quantity of new TOP tokens to the attacker’s address. The attacker then used those freshly minted tokens to drain the TOP/WETH Balancer V1 BPool, extracting 944.2 WETH. It was noted that Balancer’s protocol was not itself vulnerable. The pool was simply the place where the attacker converted inflated TOP holdings into WETH. How did the attacker move the funds? The attacker’s wallet, 0xff8eF7bC455a57e5893232203052Ce0232b39Fa2, was funded through Tornado Cash . The exploit was executed in a single transaction through a dedicated contract, per Blockaid’s on-chain breakdown. A textbook governance-takeover scenario The root cause of the exploit was not a smart contract bug in the traditional sense. TOP’s token has a relatively small supply and low market capitalization, which made acquiring a controlling stake cheap. When that was combined with Aragon’s voting configuration, which allows same-block proposal creation, voting, and execution, the attacker faced no major barrier between gaining majority power and draining funds. Aragon’s own documentation on DAO security highlights access controls and the importance of restricting who can call sensitive functions on smart contracts. In that same documentation, the organization stated that onchain functions are accessible by all by default and that authorized access “must be restricted to authorized addresses” when token minting or fund movements are involved. However, TOP’s configuration did not enforce a timelock or quorum delay that could have given other token holders time to react. What to watch Neither the Token of Power team nor Aragon has issued any statement concerning the exploit as of publication. While the stolen WETH is still traceable onchain, the Tornado Cash funding of the attacker’s wallet complicates recovery prospects. The incident is a reminder that governance parameters (timelocks, quorum thresholds, proposal delays) are not optional safety features for low-supply tokens with meaningful treasury exposure. The smartest crypto minds already read our newsletter. Want in? Join them .

9 Jun 2026, 18:05

XRP Flashes ‘Intense Capitulation’ Signal as Holders Take Losses

XRP holders are increasingly taking losses as market sentiment weakens following the token’s earlier surge, according to Glassnode. The analytics firm said current investor behavior reflects “intense capitulation,” with losses now outweighing profits across XRP holder activity. Glassnode Data Shows XRP Holders Are Realizing More Losses Than Gains XRP investor behavior has shifted sharply since

9 Jun 2026, 18:02

A Whale Just Opened a $1,490,000 Short on XRP. What’s Going On?

XRP has had a difficult start in June. Its price dropped to its lowest price of the year as the month began, continuing a stretch of poor performance that has drawn concern across the crypto community. Against that backdrop, one move by a large wallet holder caught significant attention. The Short Position Crypto analyst Steph Is Crypto (@Steph_iscrypto) posted whale-tracking data showing that a wallet address opened a $1,490,000 short position on XRP at $1.141. A short position is a bearish bet, and the trader profits if the price falls. Opening a short of this size signals that at least one major market participant expects XRP to drop further from current levels. The whale-tracking data also showed other large activity in the market around the same time, including multiple closed long positions on BTC and ETH, suggesting broader repositioning across assets. CRAZY: A whale just opened a $1,490,000 SHORT on $XRP . Wtf is going on??? pic.twitter.com/WDGqOUqhd8 — STEPH IS CRYPTO (@Steph_iscrypto) June 8, 2026 What This Means for XRP The short does not confirm a collapse, but it adds to an already negative picture. XRP is already down significantly. A whale placing a $1.49 million bet against it at this price level suggests that the pressure on XRP may not be over. If the position plays out, XRP could fall below $1.141 in the near term. Analysts have pointed to multiple contributing factors. The ongoing conflict in Iran has rattled global markets. Historical data also shows XRP has declined in June of every midterm year on record . The combination of macroeconomic stress, seasonal historical patterns, and now a high-profile short position gives traders reason to monitor the token closely. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP Army Reacts One user stated flatly that XRP was heading down. Another noted that whale behavior of this kind tends to create volatility across the market. Whales play a prominent role in the XRP ecosystem , and this move could influence retail investor behavior or prompt more whales to bet against XRP. One response predicted XRP would drop below $1 in the near term. Another urged followers to sell immediately to protect their capital. Many market participants now expect a near-term price drop. Where XRP Stands XRP currently trades at $1.16 and enters mid-June under meaningful pressure . Macro conditions, seasonal trends, and now active short positioning from large wallets all point in the same direction. Some might see the decline as a buying opportunity, but market participants must tread carefully. Traders watching the token will need to decide how much weight to give each factor as price action continues to develop. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post A Whale Just Opened a $1,490,000 Short on XRP. What’s Going On? appeared first on Times Tabloid .

9 Jun 2026, 18:00

Bitcoin Near $61K as Wall Street Buys the Dip, Whales Keep Selling, NBA Push Grows

Bitcoin News Traditional finance is abandoning its caution toward digital assets, with banks, brokerages, and exchanges racing to roll out crypto products as demand intensifies through 2026. Kraken...

9 Jun 2026, 18:00

Bitcoin’s $100K year-end target holds as BTC sentiment resets – Here’s why

Bitcoin faces heavy FUD after a steep correction, with extreme fear and ETF outflows raising debate over whether bullish reset comes next.