U.S. crypto czar’s $200 million portfolio held Bitcoin, Coinbase, and Robinhood
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U.S. crypto czar’s $200 million portfolio held Bitcoin, Coinbase, and Robinhood
Publish date
12:00am, Friday, March 14, 2025
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Office of Government Ethics confirmed David Sacks’ crypto sell-off
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While Sacks has divested most of his crypto holdings, he and Craft Ventures still hold equity in a suite of companies. His shares of the crypto custody firm BitGo and the Bitcoin protocol developer Lightning Labs are worth about 2.5% and 1.1% of his total assets, respectively, according to the memo.
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David Sacks and his investment firm Craft Ventures have divested more than $200 million in crypto holdings since President Donald Trump named Sacks as the White House’s AI and crypto czar, according to a memo from the Office of Government Ethics.
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