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David Sacks sold $200 million in crypto-related holdings before taking the White House job, the ethics memo says.
🗨️ Key Points
A White House memo revealed that David Sacks, President Trump’s AI and Crypto czar, sold over $200 million in digital asset-related investments.
The disclosure shows Sacks liquidated stakes in crypto currencies and related assets.
Meanwhile, President Trump and top adviser Elon Musk continue to own massive stakes in companies and projects that can potentially benefit from government policies.
🍭David Sacks, the Trump administration’s AI and crypto czar, sold over $200 million worth of digital asset-related investments personally and through his firm, Craft Ventures, before starting the job, according to a memo from the White House.