David Sacks, tasked as the White House's main figure on cryptocurrency, has strongly responded to media portrayals regarding his liquidation of crypto holdings. Before his association with the Trump administration, Sacks cleared up that his actions were a divestment, countering the negative connotation of a "dump" as suggested by media sources.

Sacks utilized social media for this clarification, emphasizing his dissatisfaction with media narratives that inaccurately labeled his financial decisions. His statements underscore the sensitivity surrounding high-profile financial movements within the cryptocurrency domain.