In the dusty corridors of Wall Street, where shadows dance with dollar bills, a whisper of scandal slithers through the halls of ALT5 Sigma. Jon Isaac, a man with more secrets than a desert cactus, and his corporate allies have scrambled to quash rumors of an SEC storm, but the wind carries tales of tangled deals and golden promises.
This week, the gossip mill spun tales of Isaac’s alleged financial juggling, linking him to a $1.5 billion treasure chest tied to Trump’s crypto kingdom. The market, ever the drama queen, gasped and sold in unison.
Company And Exec Deny Any Investigation
On X, ALT5 Sigma, a new ally of the Trump clan’s World Liberty Financial, declared with the urgency of a man fleeing a bear: “Jon Isaac isn’t our president, and we’ve no idea about any SEC party.” Their words, flimsy as a house of cards in a hurricane.
ALT5 Sigma has been made aware of reports in the press and on social media. For the record: Jon Isaac is not — and never was — the President of ALT5 Sigma and he is not an advisor to the company. The company has no knowledge of any current investigation regarding its activities…
– ALTS (@ALT5_Sigma) August 19, 2025
The Information, that paragon of journalistic integrity, first lit the fuse.
SEC Records Show A Consulting Link
A December SEC filing paints a picture as murky as a desert rainstorm. According to it, ALT5 signed a two-year consulting pact with Isaac in March 2024. A contract as binding as a promise from a politician.
Isaac, ever the showman, took to social media to deny being ALT5’s president, declaring, “I’m not under investigation!” A statement as credible as a magician’s “abracadabra.”
Setting the record straight on reports from @CoinpediaNews and @theinformation: I am NOT the president of ALT5 Sigma and I am NOT under SEC investigation mentioned in these reports.
I am the CEO of Live Ventures Incorporated (NASDAQ: LIVE), a publicly traded company. Any SEC…
– Jon Isaac (@Jonisaac702) August 19, 2025
The same filing reveals Isaac held a $540,000 promissory note, which he later turned into 465,753 Sigma shares-proof that even in crypto, greed has a way of compounding.
Past SEC Action Adds Context
Reports reveal the SEC once sued Isaac in 2021, accusing him of inflating profits, backdating contracts, and hiding stock sales behind a nominee’s mask. A legal tango that’s still waltzing in Nevada’s courts.
Isaac and his companies, ever the performers, denied wrongdoing. But the curtain’s still up, and the audience is restless.
Company Backer
Isaac, CEO of Live Ventures, now owns over 1 million Sigma shares-worth more than $5.48 million. A man with a finger in every pie, and a wallet heavier than a donkey’s saddle.
He claims to support ALT5, though his actions speak louder than his words. Live Ventures’ records list his father, Tony Isaac, as ALT5’s president and chairman, while ALT5’s website calls him a director. A family dynasty as solid as a sandcastle at high tide.
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2025-08-20 17:36