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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U.S. crypto czar’s $200 million portfolio held Bitcoin, Coinbase, and Robinhood

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David Sacks and his Craft Ventures divested over $200 million in crypto assets to avoid conflicts of interest in his role as White House “AI and crypto czar”, as stated in a March 5, 2025, Office of Government Ethics memorandum.

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David Sacks and his Craft Ventures divested over $200 million in crypto assets to avoid conflicts of interest in his role as White House “AI and crypto czar”, as stated in a March 5, 2025, Office of Government Ethics memorandum.