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  • Claim

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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”

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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
Additionally, he sold his limited partner interest in Solana-focused Multichain Capital and crypto-focused venture capital firm Blockchain Capital. At the same time, Craft Ventures offloaded its holdings in Multichain Capital and Bitwise Asset Management.

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David Sacks crypto divestments

Crypto news

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