""Today they evidently just threw up their hands and published this nothing burger. Anyone who reads the story carefully can see that they strung together a bunch of anecdotes that don't support the headline.""
""He described a five-month reporting process in which accusations were 'debunked in detail.'""
""[Sacks] 'simultaneously leads a firm invested in crypto while guiding the nation's crypto policy,' an 'explicit conflict of interest' that would 'normally' be prohibited under federal law.""
David Sacks holds a White House portfolio role focused on AI and crypto while maintaining hundreds of technology investments. Analysis indicates 708 tech stakes, with 449 tied to AI companies that could benefit from policy decisions. Sacks denied wrongdoing on X, calling a five-month inquiry 'debunked in detail' and labeling the final account a 'nothing burger,' arguing anecdotes do not support the headline. Two White House ethics waivers state he would sell most crypto and AI assets, yet public ethics filings do not disclose remaining values or precise divestment timing. Critics describe the arrangement as a conflict of interest and graft.
Read at TechCrunch
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