A White House memorandum revealed that David Sacks and his venture capital firm sold more than $200 million in cryptocurrency and crypto-related stocks before he assumed his role as the White House AI and crypto czar

Quote

Name

Types

Quote

Sources

Sacks’ VC firm sold $200M+ in crypto, stocks before White House role

Referenced by

Sacks, who is the White House “AI and crypto czar”, sold all liquid cryptocurrencies, including Bitcoin, Ether, and Solana, from his personal and Craft Ventures’ portfolios before President Trump’s second term began on January 20, 2025

Crypto news

Claim

News event

Sacks divested from publicly traded crypto-related stocks, including Coinbase (COIN) and Robinhood (HOOD), before he assumed his role as the White House “AI and crypto czar”

Crypto news

Claim

Sacks sold his limited partner stakes in the crypto venture firm Blockchain Capital and Solana-focused Multichain Capital before before he assumed his role as the White House “AI and crypto czar”

Crypto news

Claim

​

Referenced by

Sacks, who is the White House “AI and crypto czar”, sold all liquid cryptocurrencies, including Bitcoin, Ether, and Solana, from his personal and Craft Ventures’ portfolios before President Trump’s second term began on January 20, 2025

Sacks divested from publicly traded crypto-related stocks, including Coinbase (COIN) and Robinhood (HOOD), before he assumed his role as the White House “AI and crypto czar”

Sacks sold his limited partner stakes in the crypto venture firm Blockchain Capital and Solana-focused Multichain Capital before before he assumed his role as the White House “AI and crypto czar”