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David Sacks Sold Over $200M in Crypto and Stocks Before White House Role Confirms Report

TheNewsCrypto LogoTheNewsCrypto16h ago

David Sacks Sold Over $200M in Crypto and Stocks Before White House Role Confirms Report - TheNewsCrypto

Quick Summary:

David Sacks, the newly appointed White House AI and crypto czar, offloaded over $200 million in digital assets and crypto-related stocks before assuming his role.

A White House memorandum dated March 5 confirmed that Sacks personally accounted for $85 million of the sales.

The White House, however, has granted him a limited ethics waiver, allowing participation in digital asset policy matters under specific conditions.

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David Sacks Sold Over $200M in Crypto and Stocks Before White House Role Confirms Report - TheNewsCrypto (Picture 1)

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-15 @ 06:54:47 (16 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 472 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 27021343

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 11 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "David Sacks Sold Over $200M in Crypto and Stocks Before White House Role Confirms Report" has 472 words across 33 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "David Sacks Sold Over $200M in Crypto and Stocks Before White House Role Confirms Report" was covered 16 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

How trustworthy is 'TheNewsCrypto' news outlet?

TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 11 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #27021343
  • URL: https://chronographically.beamstart.com/news/david-sacks-sold-over-200m-17420327036528

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