David Sacks, the AI and crypto chief at the White House, has confirmed that he is no longer an investor in Multicoin.

Odaily Planet Daily reported that David Sacks, the AI and crypto lead at the White House, confirmed in response to community users on the X platform that he has sold his investment in Multicoin Capital and is no longer an investor.

David Sacks previously stated on his personal X account that he held a position worth 74 thousand USD in the Bitwise ETF, which he fully sold on January 22. His claims about indirectly holding cryptocurrencies are not true, and he promised to provide updates after the ethical review process concludes.