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White House-appointed ‘Crypto Czar’ David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)—before joining the administration.
What Happened: In an X post on Monday, Sacks cited a Financial Times report detailing his crypto holdings.
The article noted that while his investment firm, Crypto Ventures, still retains stakes in a few crypto startups, he no longer has direct exposure to digital assets.
Addressing speculation from a community note on his post, which suggested he still had a significant indirect position through Bitwise Asset Management, Sacks clarified that …
