David Sacks, the White House's head of encryption AI, said: I am not selling cryptocurrencies, but handling them in accordance with government ethics rules.


David Sacks, the White House's encryption and AI director, criticized the media's erroneous reports of "selling cryptocurrencies" on the X platform. He explained, "Why do some media always want to depict cryptocurrencies as bad? I did not sell cryptocurrencies, but dealt with cryptocurrencies. Obviously, this is not what I wanted to do, but government ethics require it. It is my honor to serve President Trump and the American people." In response, Binance co-founder CZ said that some media always want to get clicks, rather than report based on ethics.