Overview
- Texas filings list Victor Mokuolu CPA PLLC’s firm license as expired since August and still inactive on Dec. 26, barring audit work under state rules.
- Alt5 Sigma says no reviews or audits will be issued until the license is active, with a mandatory peer review expected to conclude by late January 2026.
- The audit firm previously faced PCAOB and Texas penalties and failed a 2023 peer review, raising questions about oversight and audit quality.
- Alt5 Sigma remains delinquent on its September‑quarter report and faces potential Nasdaq delisting alongside audit‑committee noncompliance after board and executive departures.
- The company disclosed holding about 7.3 billion WLFI tokens tied to a Trump‑backed venture and noted a Rwandan criminal ruling against a subsidiary that is under appeal.