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, 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 unloaded hundreds of millions of dollars worth of digital asset-related investments prior to starting his job as the Trump administration’s artificial intelligence (AI) and crypto czar.

The president's AI and crypto czar says he's sold his crypto positions, but questions still remain about his other investments.

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.