Trump Crypto Coins He began to keep his promises about it, and some of them were not the kind of full investors wanted. One of the biggest gospels of the new president, who took crypto -friendly steps, was the creation of a crypto unit in the White House. David Sacks was brought to the head of this unit. But before that, he did something very important.
Sales of Crypto Money Tsar
According to the White House grade published just before, Trump crypto currency And David, an artificial intelligence tsar, sold an investment of $ 200 million in this area before he took office. The name that sells its $ 200 million asset through its personal investors and company Craft Ventures, did it to avoid financial profits due to its task.
The criticism of many public officials, including the senate Banking Committee’s Massachusetts Senator Elizabeth Warren, the highest -level Democratic Committee of the Senate Banking Committee, said that he had benefited from the crypto relationship. However, according to the 11 -page document, David has already sold the crypto -linked assets. Thus, the democrats put forward for David “in the hands BTCLeft, Eth And the claim that it is one of the other assets that will be on the strategic reserve ”.
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“This document, written by the US President David A. Warrington, states that David O. Sacks is granted an exception (Waiver) to be able to work as“ Artificial Intelligence and Crypto Money Special Advisor ”.
This exception was given by evaluating that the financial interests of Sacks were too small to damage the integrity of government services within the scope of the Law of 18 USC § 208 (b) (1). In this way, Sacks will be able to take part in the process of creating regulatory policies in areas such as digital assets, crypto currency and blockhzincir.
The Memorandum also emphasizes that the digital asset industry plays a critical role for US technological innovation, economic development and global competitiveness. “ – White House
Crypto coins he sells
According to the ethical certificate, BTC, ETH and Left coin their assets were sold. In addition to the liquid crypto assets, Bitwise 10 Crypto Index Fund has closed its direct position. David, who also sold Coinbase and Robinhood shares, seems to have done a profitable job in the short term, but he turned his back on a possible opportunity to earn a possible crypto rise due to his long -term ethical concerns.
Sacks also liquidates shares, including limited partnership shares in crypto -oriented investment funds such as Multiicoin Capital and Blockchain Capital. Only 0.1%of the reserve, the name of the crypto coins that say that the name will soon reset this small amount.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
