The New York Times revealed that after UAE entity MGX (controlled by Sheikh Tahnoon bin Zayed) invested $2 billion in World Liberty Financial—a cryptocurrency venture co-founded by Trump and special envoy Steve Witkoff—the White House approved the UAE’s acquisition of hundreds of thousands of …
Donald TrumpSteve WitkoffDavid SacksSheikh Tahnoon bin Zayed Al NahyanMGX+2 morecorruptionpay-to-playinstitutional-captureconflicts-of-interestcryptocurrency+2 more
The Trump administration released a 166-page digital assets report recommending federal regulatory clarity for cryptocurrency markets, aimed at positioning the United States as the global leader in digital financial technology. The report calls for congressional action to provide CFTC authority over …
Donald TrumpScott BessentDavid SacksTreasury DepartmentCFTC+1 morecryptoregulatory-capturefinancial-technologyexecutive-policy
White House issued March 5 ethics waiver allowing David Sacks to shape crypto policy despite remaining financial interests in digital assets through Craft Ventures. Despite selling $200M in liquid crypto holdings, Sacks retained stakes in BitGo and Lightning Labs. Warren questioned the conflict as …
David SacksWhite HouseDavid Warrington (White House Counsel)Sen. Elizabeth WarrenCraft Ventures+1 morecryptoethics-waiverconflict-of-interestregulatory-capture