Hunter Horsley, the CEO of Bitwise, announced on the X platform that David Sacks, the AI and crypto lead at the White House, has sold his shares in Bitwise. Sacks invested in Bitwise in 2017 but informed Horsley two months ago that he needed to withdraw his investment, subsequently coordinating the sale of his shares.

PANews reported on March 6 that Bitwise CEO Hunter Horsley posted on the X platform that David Sacks, the White House AI and encryption director, had invested in Bitwise in 2017, but had informed him two months ago that he needed to withdraw his investment, and then coordinated the sale of David Sacks' company shares in Bitwise.

White House AI and Crypto Chief David Sacks Sells Bitwise Shares