⚜️ETHICS FIRST✅️ TOP US OFFICIAL SELLING OUT HIS CRYPTO ASSETS PORTFOLIO FOR THE GREATER GOOD‼️
David Sacks, the newly appointed Crypto Czar, has sold all his cryptocurrency holdings, including Bitcoin $BTC , Ethereum $ETH , and Solana $SOL , to avoid potential conflicts of interest.
💥Important takeaways:
🔹️As the head of U.S. policy on AI and crypto, Sacks is undergoing an ethics review to ensure he has no bias towards cryptocurrencies.
🔹️Interestingly, Sacks' venture capital firm, Craft Ventures, previously held stakes in several crypto companies, including Bitwise, BitGo, Lightning Labs, and Dune. However, Sacks has denied having "large indirect holdings" in crypto through his firm, stating he sold his $74,000 position in the Bitwise ETF on January 22.
🔹️Sacks' decision to sell his crypto holdings comes at a pivotal moment, as President Trump has announced plans for a strategic crypto reserve, causing a market surge. The reserve will include Bitcoin, Ether, and other digital assets, cementing their place in national financial policy.
