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, 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,

David Sacks, President Donald Trump’s adviser for artificial intelligence and cryptocurrencies, and his venture-capital firm Craft Ventures have divested more than $200 million worth of holdings related to the digital-asset industry,