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Trump's AI and Crypto Czar Faces Ethics Scrutiny

David Sacks holds 708 tech investments, including 449 AI firms, raising federal ethics concerns over potential conflicts while advising on U.S. AI and crypto policy.

  • This year, Sacks, the White House's AI and crypto czar, faced ethics scrutiny over possible conflicts between his policy role and 708 tech investments, including 449 in AI, with two ethics waivers to sell most assets.
  • Classifying investments as hardware or software, his public ethics filings blurred AI exposure, complicating transparency, while the All-In podcast tied to a White House AI summit solicited sponsors including a $1 million access request with two sponsors receiving only logo placements.
  • Sacks's lawyers and the White House countered that the summit lost money and no VIP or presidential access was offered, while sponsors received only logo placements.
  • Kathleen Clark called the arrangement `This is graft.` after reviewing his crypto waiver, while Jessica Hoffman said Sacks complied with rules and the Office of Government Ethics dictated required sales.
  • Given the administration's tech agenda, the reporting raises questions about policy integrity as political figures framed Sacks as emblematic of tech influence, intensifying partisan scrutiny this year.
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vktr.com broke the news in on Monday, August 11, 2025.
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