Back to today’s briefing

Story perspectives

Trump's Crypto Advisor Sells $200M Amid Scrutiny

3/16/2025

31 5

Summary

Story summary

David Sacks, a key crypto advisor to Trump, has sold off more than $200 million in cryptocurrency assets, including Bitcoin and Ethereum, to adhere to ethics regulations. This decisive action comes as lawmakers, including Senator Elizabeth Warren, intensify their scrutiny. While he has divested most of his holdings, Sacks still maintains small investments via his venture capital firm, Craft Ventures.

1 of 1

Story summary

David Sacks, a key crypto advisor to Trump, has sold off more than $200 million in cryptocurrency assets, including Bitcoin and Ethereum, to adhere to ethics regulations. This decisive action comes as lawmakers, including Senator Elizabeth Warren, intensify their scrutiny. While he has divested most of his holdings, Sacks still maintains small investments via his venture capital firm, Craft Ventures.