David Sacks, the White Home AI and Crypto Czar, confirmed this day that he had sold his complete portfolio of digital resources, including Bitcoin, Ether, and Solana, ahead of joining the Trump administration.
“I sold all my cryptocurrency (including BTC, ETH, and SOL) earlier than the originate of the administration,” Sacks mentioned in accordance with FT correspondent George Hammond’s tweet, which reported that Trump’s crypto czar had sold his deepest crypto holdings.
While Sacks’ venture capital firm, Craft Ventures, maintains investments in crypto startups, both he and the firm accept as true with divested their teach crypto holdings following Trump’s inauguration.
Sacks is determined to chair the inaugural White Home Crypto Summit next Friday, which is able to unite crypto industry leaders with the President’s Working Community on Digital Sources. The summit is phase of the administration’s initiative to location the US as a world crypto leader and blueprint clear regulatory pointers for the industry.
