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David Sacks Sells $200M in Crypto Before Taking Office Amid Conflict-of-Interest

Coinpedia LogoCoinpedia15h ago

David Sacks Sells $200M in Crypto Before Taking Office Amid Conflict-of-Interest - Coinpedia

Quick Summary:

A White House memo revealed that Sacks sold his cryptocurrency holdings through personal accounts and his company, Craft Ventures.

This included at least $85 million of his own investments, while Craft Ventures still holds some crypto-related funds.

Sacks’ sales of his assets are very different from others in the administration and come after Trump’s first term, where conflicts of interest were often ignored.

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David Sacks Sells $200M in Crypto Before Taking Office Amid Conflict-of-Interest - Coinpedia (Picture 1)

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Article Details

Author / Journalist: Nidhi Kolhapur

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-15 @ 04:48:23 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 27016835

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About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 13 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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The story "David Sacks Sells $200M in Crypto Before Taking Office Amid Conflict-of-Interest" has 400 words across 28 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "David Sacks Sells $200M in Crypto Before Taking Office Amid Conflict-of-Interest" was covered 15 hours ago by Coinpedia, a news publisher based in United States.

How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 13 news stories per day.

It's most recent story was published 11 hours ago.

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  • URL: https://beamstart.com/news/david-sacks-sells-200m-in-17420142097522

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