David Sacks: "No Change in Position... Will Work on Tech Policy"

Source
Doohyun Hwang

Summary

  • David Sacks stated that his role as Virtual Asset Czar will not change.
  • He plans to allocate half of his time to government work without leaving Craft Ventures.
  • Sacks indicated that he will be working on tech policy, suggesting an opportunity for policy change.

David Sacks, co-founder of Craft Ventures and nominated as the U.S. AI and Virtual Asset Czar, refuted reports that his position has been changed to a general advisor as "nonsense."

On the 20th (local time), Sacks stated on his X, "My role is not changing. I will dedicate about half of my time to government work," and added, "I will be working on tech policy."

Previously, Fortune reported that Sacks did not want to leave Craft Ventures and declined the appointment as Virtual Asset Czar.

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Doohyun Hwang

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