Trump family's crypto company AI Financial plans to sell its core business for up to $15 million.

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BlockBeats News, July 8 - According to a report by The Wall Street Journal, a cryptocurrency project linked to the Trump family acquired control of a small payment company for $750 million a year ago. Now, the deal has resulted in losses for almost all parties involved, except for the Trump family.

The Nasdaq-listed company, previously known as Alt5 Sigma and recently renamed AI Financial (ticker: AIFC), is currently in negotiations to sell its core business to blockchain technology firm Perpetuals, according to company filings.

According to a person familiar with the matter and company documents, the deal price under discussion is up to approximately $15 million. The terms of the transaction have not yet been finalized, and as negotiations continue, the specific conditions may change, or the deal may ultimately fall through.

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