Trump issues ethics waiver allowing crypto czar David Sacks to retain investmentstimeline_event

regulatory-captureconflict-of-interestcryptoethics-waiver
2025-03-05 · 1 min read · Edit on Pyrite

type: timeline_event

White House issued March 5 ethics waiver allowing David Sacks to shape crypto policy despite remaining financial interests in digital assets through Craft Ventures. Despite selling $200M in liquid crypto holdings, Sacks retained stakes in BitGo and Lightning Labs. Warren questioned the conflict as Sacks co-hosted $1.5M crypto fundraiser while guiding national crypto policy.