David Sacks and Craft Ventures Sell $200,000,000 Worth of Crypto-Related Investments: White House
David Sacks unloaded hundreds of millions of dollars worth of digital asset-related investments prior to starting his job as the Trump administration’s artificial intelligence (AI) and crypto czar. According to a White House memo issued by Presidential Counsel David A. Warrington, Sacks and his investment firm Craft Ventures liquidated their crypto holdings, including Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), before Trump started his second term on January 20th. Sacks also sold his position in the Bitwise 10 Crypto Index Fund (BITW) and unloaded his shares in Coinbase (COIN), Robinhood...