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Trump-Linked Crypto Firm ALT5 Sigma Faces Scrutiny Over Unlicensed Auditor: FT [Yahoo! Finance]

ALT5 Sigma Corporation (ALTS) 
Company Research Source: Yahoo! Finance
Key Takeaways: ALT5 Sigma appointed a new auditor that is currently barred from performing audits due to an expired firm license. The auditor's licensing issue adds to ALT5 Sigma's compliance problems after missing its Q3 filing deadline. Regulators have previously fined the auditing firm for repeated reporting and filing violations. According to the Financial Times, ALT5 Sigma moved to replace its previous auditor this month after failing to file its third-quarter financial results by the required deadline. The company appointed Victor Mokuolu CPA PLLC, a small Texas-based accounting firm that regulators say does not currently hold an active firm license. State filings cited by the FT show the firm's license expired in August and had not been renewed as of late December, preventing it from conducting audit work under Texas regulations. While founder Victor Mokuolu renewed his personal CPA license on Aug. 31, the firm itself remains inactive until the licensing process Show less Read more
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