Exposed: Trump’s $5 Billion Dollar Scam.
FULL TRANSCRIPT
Eric Trump becomes director of the board
of directors at alt five. Eric Trump's
on the board
and then Zack Witkoff, the co-founder of
World Liberty Financial, the very scam
that needs liquidity,
is the chairman of the board.
Steve Whit's son, who's in the Trump
administration, is the chairman of the
board. And Eric Trump is on the board of
of what, my friends? of a company
that tells you in full disclosure their
crypto mining operations failed because
of a storm on Halloween.
They were an appliance recycling
company, applied for a crypto exchange
license in Lithuania, and have a failed
biotech scam, and are now going to
somehow magically make $1.5 billion
appear despite losing money and having
29 million of liquidity over the next 12
months. I think we just found the
greatest scam yet. And there have been
no shortages of scams when it comes to
crypto, but this one has Gavin Newsome
salivating and following Donald Trump
into it. And boy, it's nasty. First of
all, listen to Gavin Newsome and what he
just said is coming. This is absolutely
insane. Uh, the real prediction is, you
know, we're about to put a memecoin out
and you know what, Donald Trump, we'll
see how well your coin does versus our
coin. Uh,
>> this is insane. Gavin Newsome suggesting
he's going to put out a memecoin to
compete with Donald Trump's memecoin.
Maybe that's because he wants to compete
with World Liberty Financial, which is
as of yesterday trading publicly because
the stakeholders in World Liberty
Financial, Donald Trump, one of Donald
Trump's sort of tokens, uh have voted in
July to enable trading for WLFI so
people could get their money out of it,
which makes sense because what's a good
rugpole if you can't get any money out
of the actual token? Obviously, since
it's gone public, no surprise it's gone
down. But there's actually a hope to
make this a diverted rug pole. And it's
so scammy that even Gavin Newsome is
salivating at getting into this one. But
anyway, what you got to understand is
Donald Trump raised over $550 million in
cash for his own family when launching
WLFI.
But in addition to that, over this $550
million after original buyers purchased
more than 35,000 of these tokens after
that, Donald Trump still holds
underlying tokens and so does Whitito.
Steve Witkoff is the envoy to the Middle
East in the Trump administration. And
Witco's son helped run or is helping run
WLFI. Not that they really do anything
other than well at this point give
people an opportunity to sell their
WLFI. Trump controls 22.5 billion WLFIs.
Witoff probably another over a billion
dollars in actual value which means
Trump has an extra $5 billion dollar of
capital to get out of WLFI. The problem
with tokens though is they usually end
up with liquidity problems. You usually
can't run uh or get you can't sell out
of these because too many people try to
sell at once. And so that's why now
original buyers are being held at
cashing out only up to 20% of their
original purchases because you want this
WLFI to have some kind of share
stability before you get all of your
money out and you turn it into real cash
because what good is a rugpole if you
can't get your money out? Well, to help
facilitate the rugging, not only did you
have Donald Trump encourage a people to
buy, whether it's DJT or it's the Trump
memecoin by offering them dinners or
access to the president for being a top
holder of the currency, what you're
finding, uh, which this is obviously the
fate of the Trump meme coin, which ran
up to $70 at one point, now sits at $8
with a market cap of 1.6 6 billion
giving this token way more value than
real legitimate companies in in the
country. But let's ignore that for a
moment. Let's understand actually what's
going on with this company called Alt 5.
Alt 5 Sigma Corporation just announced
the closing of a $1.5 billion direct
offering to initiate a World Liberty
financial treasury strategy. Huh. Now,
that's really interesting. So, World
Liberty just started trading and about
two and a half weeks before it just
started trading, you've got Alt Five
Sigma Corporation saying, "Hey, we're
going to get into doing a Michael Sailor
style
treasury to support people being able to
support World Liberty Financials
liquidity." Now
before we get into what that means for
World Liberty Financial, we need to
understand this company. It's Old Five
Sigma. Old Five Sigma has seen
some crazy volatility. It's been a
public company for a very long period of
time. uh it has been as low as 22 in
2023 and it's recently been as high as
$10 though in the past it's gone up to
$30 and been higher even in the past
before that and so the question is who
is alt 5 sigma and what do they do and
how and do they actually have $1.5
billion to
support WLFI liquidity which gives
Donald Trump woff and other holders of
WFI or friends of Trump exit liquidity
in what I call a diverted rug. Okay.
Well, what does that mean and how does
that all play out? Well, here's a
company, Alt 5 Sigma, that in its last
quarterly earnings reported $6.3 million
of revenues, gross profit of $2.7
million. And with that gross profit of
$2.7 million, they paid themselves
salaries of $4.8 million. So, yes, the
company lost money. The company lost
money of $9 million in the last 13 weeks
and uh lost o almost $12 million in the
last 6 months. Now, where is the company
actually getting money from? Well, the
company gets money by issuing shares.
They issue shares of their stock and
then they buy other companies like for
example MS or Mswipe that they bought
for about $5 million or the $16 million
of money that they issued before that.
They prop up their share price with
connections to Donald Trump and
statements that they're going to do
things in coordination with Donald Trump
and then they issue shares to fulfill
the bidding of whatever financial
desires they have in this case a WLFI
liquidity facility. But the question the
real question is here what is this
company actually do? And so let me tell
you what this company actually does. The
all five Sigma Corporation has a fintech
segment that provides next generation
blockchain technologies to enable the
world to migrate to a new global
financial paradigm. That is their
fintech division that loses money. But
in addition to their fintech division,
they also have a biotech division which
will help you solve chronic pain pain by
bringing to market drugs with
non-addictive and non-sedative pain
relieving properties.
But they were not always a
fintech/biotech
company. Instead, they were once a
recycling company. Yes, they would
recycle appliances by taking advantage
of energy efficiency programs by
encouraging you to replace your old
appliance with a new one and then taking
government money for doing that. But
they weren't always that either because
before that they actually were a crypto
mining company. But on Halloween of
2020, due to a severe storm, the mining
company suffered fatal damages and
mining operations ceased to exist. Which
of course, because their mining
operation failed, it would just make
sense to go apply for a cryptocurrency
exchange license with the Central Bank
of Lithuania and the Czech Republic
named Cipher Links.
Right. So, so here is a company that
literally had, in my opinion, don't sue
me, bro, but in my opinion, you got into
a crypto mining scam in 2019 because you
thought you could get rich with crypto
mining and then that apparently failed
because a storm destroyed all your
equipment on Halloween in 2020.
Some people suggest maybe there was some
insurance fraud going on here. Then you
operated an energy upgrade scam in my
opinion called energy recycling. Maybe
it wasn't a scam. Maybe it was a
legitimate service. Hey, you got an old
refrigerator. You need a new one. We'll
take some government money and we'll
help you share in some of that
government money. And then you closed
that down and you stopped operating that
in 23 because you were instead going to
apply for an exchange license for
cryptocurrencies in Lithuania and in the
Czech Republic.
But then you decided to launch a biotech
scam in my opinion because you don't
really make any money. I don't I don't
even know where your money's coming
from, but making like you're losing
money handoverfist.
So then you went into a biotech scam.
And when that wasn't working out, now
you're getting into a fintech scam to
launch a WLFI treasury exit liquidity
scam. So now, how does this company have
$1.5 billion to launch a WLFI exit
liquidity opportunity, which basically
takes money, what you're doing is you're
taking money from alt 5 investors. I
don't know who would invest in this
company, but you're taking money from
here
to give it to WLFI
so that people like Trump uh Witkoff and
Trump friends can get exit liquidity.
You're basically using this public
company as a way to issue shares to get
out because do they actually have cash
to buy WLFI?
No. If you look at their publicly
disclosed financials, they have $9
billion in cash and they're telling you
they're going to spend $1.5 billion on a
treasury fund.
They have debts of $38 million in
current liabilities. So over the next 12
months, they have negative 28 sorry $29
million of cash on hand. And with $29
million of cash on hand, this scam is
going to offer a $1.5 billion
share offering by basically saying,
"Hey, we're going to issue $1.5 billion
worth of stock." So, no surprise, the
stock is down 28 29% today. Mind you, it
has a market cap of $681 million. There
are a few things that should give you
pause here. Number one, how does a
company that used to be a failed crypto
mining company because of a storm that
happened on Halloween in 2020 turned
Canadian appliance recycling energy
efficiency company turned biotech for
pain relief that makes no money that
loses money turned fintech that's going
to revolutionize the world have a $681
million market cap? Like the fact that
it actually has a $681 million market
cap is insane. The reason it does is
because it got bid up by people who see,
oh, this company's associated with
Trump, it must be good. Let me show you
the mockup of their revolutionary
financial products. This right here, my
friends, is a mockup of their
revolutionary financial alt 5 pay
screen. They show you more black and
laptop than they do actual product
because it's a scam. Support 24/7
ability to offer multiple digital
assets. Complete backend control through
customizable administration dashboard.
Like how is this stuff legal? I don't
know. But it is because it's basically a
fully disclosed fraud. That's my
opinion. Okay. I'm just basing it on
this information that we are publicly
seeing here. This is what I think is
going on. My opinion could be wrong. I'm
showing you what I'm basing the opinion
on. But in my opinion, here's how this
works. Donald Trump creates a scam token
called WLFI in October of 2024. He makes
$550 million in initial capital raise,
right? Which is basically to the Trump
administration for creating the idea. So
they get half a billion. Now you control
$5 billion more of this token which is
worth more than all of your hotels and
real estate combined. Like why actually
provide a real service in this economy?
Why actually provide a real good product
for people which you know the Trump
hotels you got to give them credit.
They're good quality. A lot of them are
really great quality hotels with high
standards. When you read Trump's books,
you see a man who stands for quality in
buildings, in construction, in real
estate, in leadership, in in team
members. But he's taken that and
demented it into a crypto scam that is
worth more than the value of what he's
actually built a legacy on. Now, the
question though is you control $5
billion worth of a token, WLFI. So, how
do you get your money out? It's simple.
You convince people to vote to let WLFI
trade. You limit their ability to sell
to 20%. Then so that they don't fully
dump. Then you go to a company like Alt
5 which has people
that you're associated with on the
actual board of the company to create a
quote unquote liquidity facility to help
prop up your scam. How do we know that
people associated with Trump are on the
board? Holy [ __ ] Eric Trump becomes
director of the board of directors at
all five. Eric Trump's on the board.
And then Zack Witkoff, the co-founder of
World Liberty Financial, the very scam
that needs liquidity,
is the chairman of the board.
Steve Witco's son who's in the Trump
administration is the chairman of the
board and Eric Trump is on the board of
of what my friends of a company
that tells you in full disclosure
their crypto mining operations failed
because of a storm on Halloween.
They were an appliance recycling
company, applied for a crypto exchange
license in Lithuania, and have a failed
biotech scam, and are now going to
somehow magically make $1.5 billion
appear despite losing money and having
29 million of liquidity over the next 12
months.
Welcome to America.
This is absolutely insane. And you know
how you top it all off? This is so damn
juicy that these politicians find this
so freaking salivating that now you get
this bastard saying, "Damn, that is such
a brilliant scam. I got to do that [ __ ]
too."
>> The real prediction is, you know, we're
about to put a meme coin out. And you
know,
you got to be kidding me. Our
politicians are moving from Nancy Pelosi
scamming us behind closed doors to
scamming us in our faces. That is what
America has come to. America has come to
politicians scamming us blatantly with
full disclosure in our faces and people
are eating this [ __ ] up. This is I you
can't make it up. It's right here in SEC
filings.
This is insanity. So, what's going to
end up happening? Well, in my opinion,
you're going to see old Five absolutely
collapse in value. No duh. It has no
product. It has no income. It has a
bunch of debt. It is going to dilute the
crap out of every shareholder in all
five. And the only reason the damn thing
ran up is because Eric Trump joined the
board. They pumped it to dump it. But
they pumped it to get suckers to buy alt
5 so they could use the alt five market
cap to squeeze it like a sponge to make
money come out of this stupid sponge.
That's a scam. It's a scam of a sponge
that they got people to buy. So they
could use that money to basically
provide liquidity for their other scam.
So, it's what I call a diverted rugpool.
It is brilliant. You take a fully
disclosed scam and you use it to buy
your other scam via a treasury company.
This is crazy.
So, old five is going to the toilet. I
don't know how you can get out of this
one in my opinion. Hash don't sue me,
bro. It's going in the toilet. After all
five goes in the toilet,
then
World Liberty Financial goes in the
toilet. But first, people who hold World
Liberty Financial will probably actually
see World Liberty Financial go up in the
short term because whatever money Alt 5
raises, they will use to buy World
Liberty Financial. So, the insiders can
get out. And the longer it appears that
World Liberty Financial is actually
going up once Alt 5 starts buying, the
more people will go, "Oh, Trump's not a
scam. World Liberty Financial is going
up. It's fine. It's not a scam." As
they're cashing out, so it'll look
legitimate. It won't look like a
rugpull. At the same time, all five will
continue crashing down to zero. So all
five will crash and burn down to zero
until it gets to zero. It'll prop up
World Liberty Financial. The insiders
and the Trump friends get rich. And then
by the time that all five goes to zero,
then World Liberty Financial starts
falling. By then all the Trump cronies
already have their damn money out.
It's in my opinion fully disclosed
fraud, which I don't know if something
could be a fraud if it's fully
disclosed. Cuz if you're like, I'm a
fraud and here's all the disclosure, but
I'm a fraud. You know, it's kind of on
you if you fail for it, right? But
that's basically what this is. Yeah,
Eric Trump's gonna join the board of alt
five. Oh, how exciting. You know, all we
need to top this off is like some
interview from Eric Trump or or someone
at the New York Stock Exchange or on
CNBC talking about how great this is.
That would be the icing on the cake here
to get more people to buy this uh before
Oh, here. Oh. Oh. Oh,
is that exactly what happened? Oh, well.
Oh, did they get their Fox News cronies
to do exactly that on the backs of the
bullish IPO? No way. What do we have
here? 20 times the supply. Bullish CEO
Tom Farley, who's the former president
of the New York Stock Exchange, said the
company will serve as a bridge.
>> This is about bullish. So, they lead a
segment about how bullish stock is
skyrocketing. Everything's great. What
are we going to do now? Oh, what is
this? What is this?
>> The Trump family's crypto business,
World Liberty Financial, has struck a
deal with Alt Five Sigma to set up a $
one and a half billion dollar so-called
crypto treasury. So, the digital asset
infrastructure firm Sigma
>> will sell 200 million shares in order to
then buy 7 and a half% of the entire
supply of World Liberty Financials token
WLFI, which by the way is not yet
available for public trading, but you
can't buy it yet. Don't worry, you can't
buy World Liberty yet, but you can buy
all five. Now, what's the icing on the
cake to this? We just need Eric Trump to
shill it.
>> The idea is for all Five Sigma's
platform to transform into an ecosystem
that will back both WL
crypto treasurers to Witco. They rang
the opening players financial who joined
the board of directors. Two of them are
key players and they are here right now.
Eric Trump and Zack Witoff. They rang
the opening bell this morning. See how
they get Fox News watching suckers to go
buy all five and then what are we going
to get
>> set? Joining me now world co-founders
Eric Trump and Zack Witkoff. Great to
have you back. Good to
>> be here. That was an exciting moment
today ringing the NASDAQ.
>> Well, it's awesome. Especially when you
see the markets that are up what 440
points right now.
>> Look how high it's all going. You can
get rich just buy all five stock.
>> So So you want one of those days, Liz.
You don't want the other day where the
market's down 440 points. Either
>> I can't tell you. I think we were good
luck or something.
>> Yeah, we always hear that on IPO day.
>> We get lucky
>> from CEOs who said, "God, the market was
out." What certainly helps. But Zach,
make the pitch to our investor audience
of why they should buy shares in Alt 5.
>> Do you see this? It's literally, bro,
literally, it all goes together. You
launch a scam token. You take a scam
company and then you use that scam
company to get loers to buy that scam
company. You put your sons on the board.
And these are Americans who just want to
make money, but you know, you know
you're scamming them. So, you put your
sons on the board and say, "This is
going to be the best thing since sliced
bread." And all it's going to do is bail
out your other fund so it doesn't look
like you're a rug pulling scammer. And
what you got to do now is get the word
out. So you need Fox News to go read
your script about how everybody just
weeks before you rugpole should go buy
this scam versus actually waiting to
have the opportunity to buy the WLF
coin.
>> It's a great question, Liz. Um, so if
you look at the pre-market of where our
token is trading today, uh, it trades
somewhere between, uh, 35 cents and 90
cents. That represents a $35 billion
fully diluted valuation to a n
>> Yeah, mind you, it's now trading at like
22 billion fully fully diluted
valuation. If you take the average of of
where the token is trading in the
pre-market, you come up with a valuation
of around 56. This guy's making a bull
crap. Hey guys, if you take our
pre-market
average valuation, it's worth a lot and
therefore you should buy Alt five.
>> As you mentioned earlier, Alt 5 is is
acquiring a significant block of our
tokens at 20 cents, which represents a
64% discount from from those numbers.
you you could get in on our scam if you
just buy alt five and give us the
liquidity we need
>> that I just quoted to you um that also
means that based on yesterday's closing
price you know our net asset value is
somewhere between 6 and 02 which is kind
of unheard of
>> so Eric if you could explain though and
take that and and take it a bit further
when you talk about the value for
investors again because they can't buy a
WLF coin at the moment but they could
buy shares in Alt 5. Guys, this is
exclusive. If you want access, just buy
alt 5 because this is now the second
time I'm reminding you that this is
exclusive and you can't get into this
unless you buy alt 5.
>> So, what is the extra that you say
investors can get from owning a share of
alt 5
waiting on the WLF coin? Well, I think
for a second, you're really bringing
crypto to the to a traditional
marketplace, which I think so many
people want. Crypto is the fastest
growing industry in the world right now.
There's no question. The banks are so
antiquated in this country. I mean, Liz,
you know, you covered it probably better
than anybody. You know why the Trump
family got into crypto, right? They
deplatformed us. They took away our bank
accounts. You had companies like Capital
One who literally in the middle of the
night, I was getting letters saying,
"Congratulations, guys. You should buy
all five because banks suck." That's
relatable, right? Yeah, banks do suck.
So, buy Alt Five cuz that's why Alt Five
is awesome.
>> Just 300 of your bank accounts are gone.
You know, you've had a perfect
relationship with them for for
>> Let's not actually talk about Alt 5.
Anyway, as you can see, there is no
shortage of how this was set up to rip
off Americans. This is literally the
Trump family orchestrating the most
brilliant rugpull ever because it won't
even look like a rugpull, but it's going
to be the most brilliant rugpull to get
their money out of the World Liberty
Financial Token, which does jack [ __ ]
other than scam Americans. That's all it
is. A big scam. And you know what?
There's only one thing I despise more
than this scam, and it's Gavin Newsome
getting so excited about the scam that
he wants his own.
>> Uh, the real prediction is, you know,
we're about to put a meme coin out, and
you know what, Donald Trump, uh, we'll
see how well your coin does versus our
coin. Uh,
>> this is so sad. Damn it, America.
>> Why not advertise these things that you
told us here? I feel like nobody else
knows about this.
>> We'll we'll try a little advertising and
see how it goes.
>> Congratulations, man. You have done so
much. People love you. People look up to
you.
>> Kevin Praath there, financial analyst
and YouTuber. Meet Kevin. Always great
to get your take.
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