{"id":16822,"date":"2025-03-08T13:47:35","date_gmt":"2025-03-08T13:47:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16822"},"modified":"2025-03-08T13:47:35","modified_gmt":"2025-03-08T13:47:35","slug":"trumps-crypto-czar-david-sacks-reveals-us-government-missed-out-on-gains-of-over-17-billion-by-selling-bitcoin-early","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16822","title":{"rendered":"Trump&#8217;s Crypto Czar David Sacks Reveals US Government Missed Out On Gains Of Over $17 Billion By Selling Bitcoin Early"},"content":{"rendered":"<div>\n<p><strong>David Sacks<\/strong>, the White House\u2019s \u201cCrypto Czar,\u201d highlighted a significant financial oversight by the U.S. government that cost it billions in gains.<\/p>\n<p><strong>What Happened:<\/strong> The\u00a0<strong>Department of Justice<\/strong>\u00a0(DOJ) could have secured over $17 billion had it retained its <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) holdings instead of selling them prematurely, Sacks said.<\/p>\n<p>The DOJ had\u00a0sold approximately 195,000 Bitcoin for\u00a0$366 million, a mere fraction of its current valuation.<\/p>\n<p>&#8220;If the government had held the bitcoin, it would be worth over $17 billion today. That&#8217;s how much it has cost American taxpayers not to have a long-term strategy,&#8221; Sacks said.<\/p>\n<p>Sacks, who previously served as\u00a0<strong>PayPal<\/strong>\u00a0COO and is a well-known venture capitalist, underscored the financial repercussions for taxpayers due to the absence of a long-term strategy.<\/p>\n<p>Presently, the federal government possesses Bitcoin valued at &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/03\/44209136\/trumps-crypto-czar-david-sacks-reveals-us-government-missed-out-on-gains-of-over-17-billion-by-selling-bitcoin-ea\" alt=\"Trump's\" crypto czar david sacks reveals us government missed out on gains of over billion by selling bitcoin early>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>David Sacks, the White House\u2019s \u201cCrypto Czar,\u201d highlighted a significant financial oversight by the U.S. government that cost it billions in gains. What Happened: The\u00a0Department of Justice\u00a0(DOJ) could have secured over $17 billion had it retained its Bitcoin (CRYPTO: BTC) holdings instead of selling them prematurely, Sacks said. The DOJ had\u00a0sold approximately 195,000 Bitcoin for\u00a0$366 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16822","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16822"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16822\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}