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David Sacks, quien actúa como la figura principal de Estados Unidos en la política de IA y criptomonedas, ha rechazado un informe reciente que lo acusaba de usar su papel para beneficio personal. El informe provino de un importante medio de comunicación y afirmaba que Sacks había moldeado la política de maneras que le beneficiaban a él y a sus socios comerciales. Sacks respondió con palabras contundentes, llamando al informe un error y una hamburguesa vacía. También ha tomado acciones legales al demandar al editor por difamación.

El informe decía que Sacks todavía posee un gran número de inversiones en criptomonedas y tecnología. Esto sorprendió a muchos porque a principios de año, la Casa Blanca afirmó que había vendido más de doscientos millones en criptomonedas para evitar cualquier conflicto de interés. El informe afirmaba que mantenía veinte inversiones en criptomonedas y más de cuatrocientas inversiones vinculadas a la IA. Una de las principales afirmaciones era que impulsó un proyecto de ley sobre monedas estables llamado el Genius Act porque ayudaría a BitGo. BitGo es una empresa que ofrece servicios de custodia y ayuda a construir sistemas de monedas estables. El informe decía que un fondo de inversión vinculado a Sacks posee una parte de BitGo valorada en más de cien millones en su antigua valoración. BitGo negó que la nueva ley le otorgara algún beneficio especial.

David Sacks — the leading figure guiding U.S. policy on AI and crypto — has strongly denied a recent report accusing him of using his government role for personal financial advantage. The article, published by a major news outlet, suggested Sacks influenced policy in ways that benefited himself and his business partners.

Sacks responded firmly, calling the claims “a mistake” and “a nothingburger,” and has filed a defamation lawsuit against the publisher.

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The Allegations

The report claimed Sacks still holds extensive crypto and tech investments, despite earlier statements from the White House saying he had sold over $200 million in crypto to avoid conflicts of interest.

According to the report:

He allegedly retained 20 crypto holdings

And more than 400 AI-related investments

One key accusation was that he supported the Genius Act, a stablecoin bill, to benefit BitGo — a company that provides custody services and helps build stablecoin systems. An investment fund tied to Sacks is said to hold a stake valued at over $100 million at BitGo’s previous valuation.
BitGo, however, denied that the legislation offers them any special advantage.

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Sacks’ Background & Policy Influence

Sacks founded his investment fund in 2017, focusing heavily on tech startups. Earlier this year, he sold positions in Bitcoin, Solana, and other assets to avoid direct conflicts with upcoming policy decisions.

Despite divesting some holdings, Sacks remains a major voice in shaping national crypto policy. Under his leadership:

The White House helped push through a stablecoin regulatory framework

The administration took action against banks allegedly restricting crypto companies

However, another significant bill — involving a U.S. Bitcoin reserve and broader market structure rules — is still pending.

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Industry Reaction

The crypto community has rallied behind Sacks.

The CEO of the world’s largest stablecoin issuer called the accusations baseless

Others argued this is part of a pattern of attacks on prominent figures in tech and crypto

Many believe the report is a coordinated attempt to slow down the fast-growing crypto sector

Supporters emphasize that Sacks has been one of the strongest advocates for crypto inside the U.S. government.

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Bigger Picture

What began as a single report has evolved into a broader debate about:

How policymakers with past investments should be evaluated

How the U.S. government approaches crypto regulation

Whether public officials can maintain trust while shaping fast-moving financial policies

Sacks maintains he has never used his position for personal gain, and his supporters argue the accusations aim to undermine progress in U.S. crypto innovation.

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What’s Next?

The situation is still unfolding:

Sacks is actively fighting the allegations in court

The crypto industry is publicly backing him

The outcome could influence future regulatory decisions and public trust in officials shaping crypto policy

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