Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (2,114)
  • Analysis (2,276)
  • Bitcoin (2,875)
  • Blockchain (1,757)
  • DeFi (2,074)
  • Ethereum (2,060)
  • Event (72)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,120)
  • Press Releases (10)
  • Reddit (1,530)
  • Regulation (1,989)
  • Security (2,752)
  • Thought Leadership (3)
  • Videos (43)
Hand picked
  • UK Retail Investors to Gain Access to Crypto ETNs
  • ZBT is available for exchange!
  • UK tax authority sends 65,000 crypto ‘nudge letters’ to suspected tax evaders
  • XRP Wallets Holding Over 10,000 Tokens Hit All-Time High Amid Price Recovery
  • BitMine is buying the dip again and has added $1.48 billion in ETH since the crash
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Ethereum»Trump Czar Crypto slap in media for having distorted divestment as a discharge
Ethereum

Trump Czar Crypto slap in media for having distorted divestment as a discharge

March 24, 2025No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
David sacks bitcoin.jpg
Share
Facebook Twitter LinkedIn Pinterest Email



The AI ​​of the White House and the Crypto David Sacks advisor criticized the claims that he had “thrown” his cryptographic participations and specified thatAfter being appointed by President Donald Trump, he was to give in due to the government’s ethics rules.

In an article on social networks of March 19, Sacks addressed recent reports suggesting that he had sold his investments Bitcoin (BTC), Ethereum (ETH) and Solana (soil), declaring that the characterization was misleading.

“I did not” pour “my cryptocurrency; I abandoned it. Obviously, I would have preferred not to do so, but the government’s rules of ethics have required it. It is an honor to serve President Trump and the American people. ”

According to a white house memo, Sacks liquidated more than $ 200 million in digital assets before Trump took up his duties. His company, Craft Ventures, also left positions in actions related to the crypto, including Coinbase (Coin), Robinhood (Hood) and the Bitwise 10 Crypto Index Fund.

This decision came in the midst of a meticulous examination on the role of Sacks in the administration, some specifying that his influence played a role in discussions on the integration of certain cryptocurrencies in a reserve of potential American digital assets.

The debate of media cover sparks

Clarification of Sacks has rekindled discussions on how crypto is represented in the media. Some industry figures argue that skepticism on digital assets influences the way the media frame stories.

The co-founder of the HQ HQ, David Hoffman, suggested that negative titles reflect a broader public feeling rather than deliberate biases.

Hoffman wrote in response to the Sacks post:

“Most people are without crypto and do not want the crypto to be well because they do not want to hold the cognitive dissonance of making wealth in crypto. The media draw the big titles to meet this need.”

The founder of Binance, Changpeng ‘Cz’, Zhao echoed the feeling and said that the media hiered engagement rather than precision.

Cz wrote:

“The media only sells clicks, not ethics.”

He also criticized a recent report of the Wall Street Journal alleging that the Trump family planned to acquire a participation in Binance US in exchange for forgiveness, calling underlying history.

Post Trump Czar crypto slap in the media for distorting the divestment while Dump appeared first on Cryptoslate.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleAnalysis of PI network prices 2025 – Understanding the decline and what is the next step
Next Article Zoth $ 8.85 million hack reveals DEFI risks – can it better improve the safety of the portfolio?

Related Posts

Ethereum

Ethereum Kimchi Premium hits new high – sign of impending sell-off?

October 19, 2025
Ethereum

BitMine increases its Ethereum holdings to 2.5% of the total ETH supply in a wave of strategic purchases

October 19, 2025
Ethereum

Here’s Why Bitcoin and Ethereum Prices Crashed

October 19, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Zebu Live 2025 Returns to London with Coinbase, Ripple, Binance, and More Leading the UK’s Web3 Revolution

October 17, 2025

London, UK, October 16th, 2025 — Zebu Live, London’s flagship Web3 summit, returns this October…

Event

WOW Summit Hong Kong 2025 Concludes, Cementing the City’s Status as a Global Tech Epicenter

October 15, 2025

Hong Kong once again became the heartbeat of global innovation as WOW Summit Hong Kong…

1 2 3 … 58 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

UK tax authority sends 65,000 crypto ‘nudge letters’ to suspected tax evaders

October 19, 2025

a16z Crypto invests $50 million in Solana’s Jito protocol

October 19, 2025

18 Wallets Get Rid of Astra Nova – Are Hackers Behind RVV’s 65% Crash?

October 19, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 107,740.87
ethereum
Ethereum (ETH) $ 3,930.76
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 1,094.66
xrp
XRP (XRP) $ 2.37
solana
Solana (SOL) $ 185.26
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,931.57
tron
TRON (TRX) $ 0.319724
dogecoin
Dogecoin (DOGE) $ 0.193101