In the latest episode of the whole Podcast at the White House, Crypto CZAR DAVID SACKS exposed allegations that he used his position to manipulate the encryption markets.
The bags deduct all accusations against him, Call It is a “lazy and stupid narration” that people believe that people already have already enter the government just because they are more successful.
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Firstly, jtlonsdale Join Besties to talk:
Definitions
– The end of Trump’s economic end
Federal government operations reform
Ocker/Russia and the Western Alliance
The Golden Age of Language Modelsthen, Davidsocks Jumping with Jason For 30 minutes:
– … pic.twitter.com/mze61vktf-Podcast all (@theallinpod) March 8, 2025
David Sachs calls the allegations of slander, and their rejection
Sacks claimed that people came out immediately when he joined the Trump administration, and falsely accused him of trying to inflate the value of his encrypted possession or even created the liquidity of the exit of himself.
Some critics have even called for all who are and Trump to direct billions of dollars to their pockets and went to the extent that they describe their management plans as a high -level theft.
The bags argued that all these accusations were very dangerous because they were claiming that he had committed a crime; However, all of them rejected them, and raised them as famous.
He also stated that he sold all his encrypted possessions before taking office to avoid any appearance of conflicts of interests.
He even argued that he could have been waiting and was not obliged to sell all his possessions as he did, but since the assets are subject to many fluctuations, he chose to do this to avoid the conspiracy theories that appeared on his profits.
Moreover, he claimed that his company, the project craft, liquidated about $ 200 million of encryption assets. He also withdrew from multiple investment funds focusing on encryption, including BitWise, Multicoin Capital and Blockchain Capital.
“David realizes the role he is facing. His team communicated with us a few months ago and found a buyer of the remaining multiple assets associated with the letter. David is above the council, as it could be,” commented Kyle Samani, co -founder and administrative partner at Multicoin Capital.
The bags insist that he did not use his office to achieve personal gains
Sacks said he was “lazy and stupid” people believe that a successful person is already joining the government to be more successful. He said he was already earning money before joining the government, adding that taking the Tsar position greatly disrupts his commercial interests.
He said that even in getting rid of the shore, he must either pay more taxes or get a large discount that still costs money, claiming that there is no truth in people’s allegations that he used his office to achieve personal gains. However, he claimed that he was happy to serve his country, the people and Donald Trump, regardless of the amount he lost.
Regardless of allegations that he used his office to manipulate his markets, some, such as Senator Elizabeth Warren, accused him of affecting Trump on the choice of Altcoins, which can benefit from it to add it to the stock of digital assets.
Sacks defended himself, saying that Trump chose only XRP, Sol and ADA to stock due to high market caps.
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