David Sacks Divests from Multicoin Amid Crypto Stockpile Scrutiny
- David Sacks, White House AI and Crypto Czar, divested from Multicoin Capital.
- The divestment follows scrutiny over Trump’s national crypto stockpile plan.
- Sacks’ investment in Solana through Multicoin generated about $1 billion in returns.
- Sacks sold his $BITW holdings for $74,000 on January 22.
- He liquidated his entire digital asset portfolio before joining the administration.
David Sacks confirmed he has divested from Multicoin Capital amid scrutiny of Trump’s crypto stockpile plan. His past investment in Solana yielded approximately $1 billion in returns.
Source (2.6)https://cryptobriefing.com/crypto-divestment-policy-trump/?rand=59535
