Saturday, December 7, 2024

David Sacks "No Plans to Step Away from Business Ventures"


President elect and former President Donald Trump announced David Sacks as his Artificial Intelligence and Cryptocurrency Czar.  Sacks has stakes in companies in both AI and crypto spheres. BankInfo Security reported:  

Sacks has strongly indicated he has no plans to step away from his business ventures while advising the president. In a post on X late Thursday night, Sacks said he looks forward "to advancing American competitiveness in these critical technologies."

Conflicts of interest?  Gone, disappeared magically by a simple statement.  That's part of the TechGod and CryptoBro juju.  

Craft Ventures did not immediately respond to a request for comment. The Trump transition team did not return multiple requests for comment. Musk's social media platform X also did not return a request for comment.

Just like their tech non-customer service, there's no one to speak with about the issue.

Update:  Axios did a nice summary of Sack's conflicts.