David Sacks Sold $200M in Crypto Before Taking White House AI and Crypto Role 💼
David Sacks, along with his firm Craft Ventures, sold more than $200 million in cryptocurrency and crypto-affiliated stocks just prior to his appointment as a White House advisor. This strategic move raises questions about potential conflicts of interest or the foresight of shifting market conditions. It highlights the volatile nature of the cryptocurrency landscape and the complexities involved when business leaders transition into public roles.
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