David Sacks divested all his Bitcoin, Ethereum, and Solana holdings before entering government role. Refutes rumors of large digital currency investments through Bitwise.
David Sacks, a senior AI and digital currency advisor at the White House, confirmed selling all his digital assets including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) before taking up a position in Trump’s administration. Addressing concerns about potential conflicts of interest, Sacks stated in a tweet on March 2nd, ‘Before starting in government, I divested all my digital currencies.’ He also refuted rumors of significant indirect investments in the digital currency market through Bitwise asset management firm, clarifying, ‘This claim is entirely false. I only had a $74,000 investment in Bitwise ETF, which I sold on January 22nd.’
