Crypto czar David Sacks claimed President Donald Trump’s first summit on cryptocurrency was proof of a complete revolution from the Biden administration. Sacks is the first in any administration to take on the title of crypto czar on behalf of the White House.

David Sacks, the venture capitalist advising President Trump on crypto and AI policy, sold $85 million of crypto-related assets in order to satisfy government ethics rules, according to a White House memo.

David Sacks, President Donald Trump's AI and crypto czar, sold off more than $200M worth of holdings tied to the digital asset space prior to Trump's inauguration, according to a White House memo dated early in the month,