Follow UsWorld Liberty Financial treasury company AI Financial warns in SEC filing that it may not survive the year
Bearish-25.17%
19 May, 05:35
Source: CoinDesk
AI Summary
AI Financial's SEC filing warns of potential insolvency while disclosing significant unrealized losses on its 7.28 billion WLFI token holdings, which are locked amid liquidity concerns.
The former Alt5 Sigma marked its 7.28 billion WLFI tokens at $706 million, down from a roughly $1.46 billion cost basis, while disclosing that the holdings remain locked amid liquidity concerns.