Trump issues ethics waiver allowing crypto czar David Sacks to retain investments
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 Sacks co-hosted $1.5M crypto fundraiser while guiding national crypto policy.
Key Actors
Sources (4)
- Trump Issues Ethics Waiver For His AI/Crypto Czar (2025-03-06)
- Trump's Crypto-Invested AI Czar Cleared to Oversee Crypto (2025-03-07)
- David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says (2025-03-14)
- Ahead of Trump Crypto Fundraiser, Warren Questions Government Ethics Agency on Crypto Czar David Sacks Conflicts of Interest (2025-03-06)
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