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TechFlow news, March 19 — David Sacks, the White House's cryptocurrency and artificial intelligence director, clarified media reports regarding his disposition of crypto assets. Sacks stated that the media incorrectly described his actions as "dumping" cryptocurrencies, whereas in fact he conducted an "asset divestment" in compliance with government ethics requirements.
White House cryptocurrency and artificial intelligence chief David Sacks took to social media to clarify reports regarding his disposal of crypto assets. Sacks stated that the media had inaccurately described his actions as "dumping" cryptocurrencies, when in fact he conducted an "asset divestiture" in compliance with government ethics regulations.
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