Trump’s Crypto Czar Says He Didn’t ‘Dump’ His Bitcoin and Ethereum But Rather ‘Divested’—Though He Would Have ‘Preferred Not To’

White House-appointed ‘Crypto Czar,’ David Sacks, revealed Tuesday he might not have sold his cryptocurrency holdings if not for government ethics rules.

What Happened: Sacks took to X to criticize the media portrayal of his cryptocurrency moves before joining the administration. He wrote, “Why does the media always want to portray cryptocurrency in the worst light? I did not “dump” my cryptocurrency; I divested it.”

Sacks, a long-standing cryptocurrency investor, admitted that he would have “preferred not to” offload his stash but

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