David Sacks Sells Crypto Holdings Before Joining Trump Administration
- David Sacks sold his entire portfolio of Bitcoin, Ether, and Solana before joining the Trump administration.
- Sacks confirmed the sale in response to a tweet by a financial correspondent.
- His venture capital firm, Craft Ventures, continues to invest in crypto startups but has divested direct crypto holdings.
- Sacks will chair the inaugural White House Crypto Summit aimed at positioning the US as a global crypto leader.
- The summit will bring together industry leaders with the President’s Working Group on Digital Assets.
David Sacks, now serving as the White House AI and Crypto Czar, confirmed selling all his digital assets prior to joining the administration. He is set to lead efforts in establishing the US as a global leader in cryptocurrency through an upcoming summit.
Source (2.6)https://cryptobriefing.com/sacks-crypto-divestment-trump/?rand=59535
