Trump's crypto czar David Sacks confirms divesting from Solana backer Multicoin
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David Sacks says he closed all crypto positions before Trump took office
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The statement comes amid scrutiny over President Trump’s plan to include Bitcoin, Ether, Solana, XRP, and Cardano in a national crypto stockpile, which triggered major price increases for the selected digital assets.
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David Sacks, the White House AI and Crypto Czar, said today he has divested from Multicoin Capital, the crypto-focused venture capital firm known for backing Solana.
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