David Sacks, the White House AI and Crypto Czar, has confirmed that he sold his entire portfolio of digital assets, including Bitcoin, Ether, and Solana, before joining the Trump administration. Sacks' venture capital firm, Craft Ventures, also divested its direct crypto holdings. Despite these actions, Sacks will be chairing the White House Crypto Summit next week, where industry leaders and the President's Working Group on Digital Assets will collaborate to position the US as a global crypto leader and establish regulatory guidelines for the industry.
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