Crypto czar David Sacks claimed President Donald Trump’s first summit on cryptocurrency was proof of a complete revolution from the Biden administration. Sacks is the first in any administration to take on the title of crypto czar on behalf of the White House.

David Sacks sold over $200 million in crypto investments before stepping into his role as the Trump administration’s AI and crypto czar, according to a March 5 White House memo. The document revealed that $85 million of those assets were personally owned by David,

Sacks is a “special government employee" exempt from the mandatory divestiture required of other public officeholders.

David Sacks, President Donald Trump’s adviser for artificial intelligence and cryptocurrencies, and his venture-capital firm Craft Ventures have divested more than $200 million worth of holdings related to the digital-asset industry,

David Sacks, the White House’s AI and Crypto Czar, confirmed Sunday night that he sold his entire crypto portfolio before taking office in the Trump administration. “I sold all my cryptocurrency (including BTC,

Sacks sold his digital assets before joining the Trump administration, though his venture firm maintains investments in the industry.

David Sacks, the Trump administration’s AI and crypto czar, sold over $200 million worth of digital asset-related investments personally and through his firm, Craft Ventures, before starting the job,

David Sacks, the venture capitalist advising President Trump on crypto and AI policy, sold $85 million of crypto-related assets in order to satisfy government ethics rules, according to a White House memo.